Energy, Estonia, EU – Baltic States, Gas, Transport

Andrus Ansip and Jens Stoltenberg. Tallinn, 12.10.2011. Photo: valitsus.ee

Stoltenberg, who is on a one-day visit to Estonia, also confirmed the interest of Norwegian companies in participating in a project like that.

Stoltenberg praised Estonia’s decision to join the Nordic electricity bourse NordPool. "We can say from our experiences that it increased the profitability of investments in the energy sector and the effectiveness of the wholes system in Norway,” he said.

Norwegian prime minister Jens Stoltenberg and Estonian prime minister Andrus Ansip discussed mainly bilateral economic relations, cooperation in the energy sphere and common actions to fight the debt crisis in Europe.

Ansip expressed hope that the more than 400 companies based on Norwegian capital operating in Estonia are successful and wish to expand their activities. While last year 40,000 Norwegian tourists visited Estonia, in the first six months of this year the number is nearly 30,000.

The prime ministers open a business seminar in Tallinn. Stoltenberg’s visit will end with a meeting with president Toomas Hendrik Ilves.