At the moment, European energy markets are heavily dependent on Russian supplies. This is especially true of the countries with direct land borders to the big bear, including Finland and the Baltic States – Estonia, Latvia, and Lithuania –, which import virtually all of their gas from Russia.The Baltic Sea may become the future LNG entry point to EU marketsThis situation has significant geopolitical implications. Northern European states, with their long and harsh winters, find their foreign policy options limited when dealing with…
via OilPrice.com Daily News Update http://oilprice.com/Energy/Natural-Gas/Baltic-Dependence-on-Russian-Gas-About-to-End.html
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Prometheus Institute 