2019.10.08 09:00

Transatlantic cooperation offers 'way out of energy insecurity', says Lithuanian President

BNS2019.10.08 09:00

The dialogue between the United States and Europe in the area of energy is very important for ensuring the security of the Baltic states and Lithuania, Lithuanian President Gitanas Nausėda says.

"It has never been more important, especially for those countries that have seen energy resources being used against them as a geopolitical weapon," the Lithuanian leader said in Vilnius on Monday, welcoming participants of an US-European energy forum, including US Energy Secretary Rick Perry and the energy ministers from Central and Eastern European countries.

"I believe that [the Partnership for Transatlantic Energy Cooperation] initiative offers a way out of [the] long-standing insecurity."

According to Nausėda, sustainable and resilient energy sector with a well interconnected infrastructure is the backbone of the country's economic growth and prosperity.

"Fragmented infrastructure, power-seeking energy suppliers and cyber challenges, as well as investment raising and modernization, are the same challenges faced by many countries," Nausėda said. "We need a more diversified, better integrated, innovation-driven, competitive energy market. We also need a common future based on clean energy."

On Sunday, Lithuania together with Estonia, Latvia and the United States agreed to have a regular high-level energy dialogue at the margins of P-TEC ministerial meetings.

The Lithuanian president also said that special attention would soon be paid to the cyber security of the Baltic states' strategic energy infrastructure.

Read more: US to help protect Baltic energy infrastructure from cyber attacks

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