Energy, Estonia, Legislation, Lithuania, Nuclear power plant

International Internet Magazine. Baltic States news & analytics Monday, 24.11.2014, 14:08

Estonia still interested in Visaginas NPP, but the project must be economically feasible

BC, Tallinn, 25.01.2013.Print version
Estonia is still interested in the Visaginas nuclear power plant (NPP) project, but the project must be economically feasible, Estonian Prime Minister Andrus Ansip stressed during a meeting with his Lithuanian counterpart Algirdas Butkevicius in Tallinn on Thursday, informs LETA/ELTA.

Andrus Ansip and Algirdas Butkevicius. Tallinn, 24.01.2013. Photo: valitsus.ee

Butkevicius confirmed that Lithuania would only begin to implement the NPP project after experts confirm that the project would be profitable and the prices advantageous for consumers.

 

Butkevicius presented the Lithuanian position on the NPP project to his Estonian counterpart. In his turn, Ansip stressed that his country finds the economic aspect of the project very important. According to him, Estonia is still interested in the project but it must be economically viable.

 

The Baltic PMs also discussed bilateral trade and economic relations.

 

"Estonia is a key trade partner for Lithuania. Trade turnover last year grew by 26 percent. What is more, in terms on investment in Lithuania Estonia ranks 8th. We are glad about our cooperation and will seek to continue it," Butkevicius' press service reported yesterday.

 

As reported, during a recent visit to Latvia, Butkevicius said that the Lithuanian government would develop a strategic plan for the Visaginas NPP by May and adopt the necessary laws for implementation of the plan. "The Lithuanian government has set up a task force that will present the new strategy and inform about Lithuania's further actions by the end of April," he said.






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