Changeover to the euro and the construction of a liquefied natural gas (LNG) terminal, as a sign of the country’s growing energy independence from Russia, have become Lithuania’s top projects of 2014, Prime Minister has said.
Algirdas Butkevičius
© DELFI / Tomas Vinickas

“I’d like to single out two achievements, which, I believe, are very important in Lithuania’s history. These are preparations for the adoption of the euro, which, I think, have been carried out in a very responsible manner since I don’t know any other country, which achieved the 63-percent level of public trust before the adoption of the single currency. This is very positive and we will leave that mechanism of the litas peg to the euro,” Algirdas Butkevičius told the LRT radio and TV on Monday.

Another milestone concerned the anchoring of energy independence through the construction of the LNG facility in Klaipeda.

The LNG facility launched operations officially on 3 December. It will actually start supplying gas from January. In its first year, the facility will operate at a capacity of 1 billion cubic meters, which will later be increased to some 4 billion cubic meters. The terminal received its first commercial LNG shipment last week.

Lithuania will adopt the euro on 1 January 2015. Litas has been introduced in the country back in 1993.

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