The prime ministers of the three Baltic states are visiting the liquefied natural gas (LNG) terminal in the Lithuanian port city of Klaipėda on Friday as part of the so-called LNG tour that was kicked off in Estonia to provide a platform for the prime ministers to discuss a regional LNG terminal and the possibility to secure European support.
Liquefied natural gas (LNG) terminal in the Lithuanian port city of Klaipėda
© DELFI / Orestas Gurevičius

"The prime ministers of t he Baltic states will visit the liquefied natural gas terminal where they will be briefed on the terminal's model of operations, its importance for the Baltic region, possibilities and possible cooperation perspectives," said Klaipėdos Nafta (Klaipėda Oil), the operator of the LNG terminal.

Lithuania wants the Klaipėda LNG terminal to be listed as a regional terminal, which would enable it to secure European Union (EU) support, which, according to informal reports, may reach up to 100-150 million euros.

However, Estonia's Prime Minister Juri Ratas said earlier this week that the Lithuanian terminal was just a temporary solution, emphasizing the need to build a terminal in Estonia to secure diversified gas supplies in the long run.

During a visit in Tallinn in early May, Lithuania's Prime Minister Saulius Skvernelis expressed belief that the Blatic states would manage to agree on the Klaipėda LNG terminal being the regional utility eligible for EU support.

Unofficial reports are that the European Commission will grant no support whatsoever, if the Baltic states fail to agree on a regional LNG terminal. In February, EC rejected an application from Estonia's Alexela for up to 39 percent of funding of the construction of the 344-million-euro LNG terminal in the Paldiski port.

Finance Minister: Lithuania won't get into 'excise wars' with Estonia, Latvia

Lithuania has no intention of following in the footsteps of Estonia and Latvia by cutting excise...

Crisis investigators in principle approve final conclusions

The Lithuanian Seimas' Committee on Budget and Finance , investigating the circumstances of the...

Preparations for possible Astavyet's accident discussed

A temporary group of the Lithuanian Seimas will on Wednesday discuss the country's preparation for a...

Watchdog: Google won't ban use of its servers to access file-sharing site

Mantas Martisius, the chairman of the Lithuanian Radio and Television Commission ( LRTK ), says the...

IMF: Lithuania is better prepared for challenges

Lithuania's economy is stable and the country is better than ever prepared for challenges, the head...