The construction of a Liquefied Natural Gas (LNG) terminal in Estonia or Finland would be one of most cost-efficient ways of reducing the Baltic region’s dependency on Russian gas, according to an analysis published by the EU executive on Friday.
Currently, gas supplied to the Great Baltic Area (Finland, Estonia, Latvia and Lithuania) exclusively comes from Russia and only Latvia and Finland have infrastructure capable of meeting the EU’s N-1 rule on security of supply.
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