DISINFO: Lithuania is a typical dying young democracy
SUMMARY
Lithuanian LNG terminal in Klaipeda which it rents for 60 million Euros a year from Norway is a glaring example of disadvantage to the country. Lithuania is a typical example of a dying young democracy where no industry sectors are left. Hence, astronomic energy prices for Lithuania are not a big deal.
RESPONSE
Recurring pro-Kremlin disinformation narrative about Lithuania and the Baltic States. See earlier disinformation cases alleging that the Baltic states are dying because they chose not to be with Russia and that Lithuania will be depopulated in 20 years. Lithuania's Liquefied Natural Gas terminal in Klaipeda was built to ensure the diversification of energy supply and energy security of Lithuania. The terminal enabled Lithuania to import liquefied natural gas from global suppliers, effectively ending the monopoly of Russian gas company Gazprom within the region. The terminal is leased by the Lithuanian government from Höegh LNG on a ten year lease arrangement that expires in 2024. Independent economic analysis has shown that the benefits of maintaining the LNG terminal beyond 2024 outweigh the costs in each of the market structures. Read more here.