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Prime Minister Ratas: Joint transport and energy projects strengthen security

Prime Minister Jüri Ratas met today with the President of Lithuania, Dalia Grybauskaitė. The meeting focused on the priorities of the Estonian EU Presidency, energy, transport issues, and regional security.

According to Prime Minister Ratas, Estonia has strong bilateral relations with Lithuania. “We hold similar stances on a number of matters and have a shared interest in the implementation of regional transport and energy projects.”

Ratas said that Estonia supported the synchronisation of the Estonian power systems through Poland via transmission lines located in two route ways. “The synchronization of the Baltic power systems needs to meet three objectives: guarantee high security and independence of electricity supply, secure the functioning of the electricity market, and ensure the lowest possible expenses for the consumer,” said Ratas.

President Grybauskaitė and Prime Minister Ratas also discussed the construction of a regional LNG terminal. “While the floating LNG terminal on a rented vessel in Klaipeda provided a quick solution and diversified the gas supply sources in the region, a long-term solution would be a regional LNG terminal in the Gulf of Finland. A survey commissioned by the European Commission also supports such a long-term solution.”

According to Prime Minister Ratas, Estonia and Lithuania also have a similar position on Rail Baltic. “This is a project of high regional importance; it will stimulate the economies of the Baltic countries and create a permanent transport link between the Baltic countries and the rest of Europe. We also need to make a joint effort to ensure the co-financing of the Rail Baltic project in the next EU budget period,” said the Prime Minister. “Joint transport and energy projects strengthen security in the Baltic region.”

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