Baltic Course: Europe is heavily dependent on energy import
The European Union (EU) imports 53% of the consumed energy, Russia being the dominant exporter especially to Central and Eastern Europe.
"Dominance in energy import raises risks to energy security, often it results in the distorted market," said the Lithuanian energy minister.
The minister said that the European Energy Security Strategy, recently approved by the European Commission, is an important step seeking to ensure greater energy security among the EU member states.
"Lithuania also contributes to the implementation of this EU strategy – Lithuania's LNG terminal, which is going to be launched next week, has been included in the European Energy Security Strategy as one of the most crucial objects increasing Europe's energy security," Masiulis noted.