With the arrival Monday of the liquefied natural gas terminal Independence to the Lithuanian port of Klaipeda, the tiny Baltic countries have thrown up a gleaming steel gibbet to dissuade Russia from using energy to hold the region hostage.
The floating, nearly 1,000-foot-long LNG terminal will for the first time allow Lithuania and its neighbors to import liquefied natural gas for domestic consumption, rather than relying on Russia's Gazprom for every ounce of gas. The ship has the capacity to take in and regasify 4 billion cubic meters of gas annually, surpassing Lithuania's own demand, and could supply, in theory, more than 75 percent of all the natural gas needed by the three Baltic states. Full commercial operations are expected to begin later this year; the Independence already has a five-year deal with Norway's Statoil for limited shipments of LNG.
Read the full article at Foreign Policy.