Baltic States – CIS, Belarus, Energy, Energy Market, Latvia, Lithuania
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Friday, 29.03.2024, 14:42
Latvia still working on Baltic stance on Astravyets electricity imports - economics minister
Earlier, Lithuanian Energy Minister Zygimantas Vaiciunas said that the Baltic countries might in the coming weeks reach a common position on restricting electricity imports from the Belarusian NPP.
Nemiro said that the Economics Ministry has received the text of the joint Baltic memorandum, based on which the power transmission system operators (TSO) of Latvia, Lithuania, Estonia and Russia will agree on a common power trade methodology.
Latvian Cabinet ministers debated the document behind closed doors on Tuesday, February 18, but the government eventually tasked several ministries with elaborating "some legal aspects".
In Nemiro's words, the Ministries of Economics, Finance, Foreign Affairs and Environmental Protection and Regional Development are currently working on proposals for the final version of the document, which will then be repeatedly reviewed by the Cabinet of Ministers. Nemiro did not say when the final version of the document could be completed.
Nemiro reminded that the Cabinet of Ministers on August 13, 2019 approved a proposal according to which electricity trade with Belarus would be moved to the Latvian border once Lithuania suspends it.
"From the energy standpoint, we need to ensure the supply of electric power to Latvia. This is our primary interest," the economics minister said.
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