A Big Step In Lithuania
Militaries fight wars, but everything up to that moment, is part of a much more complex economic chess match that does not necessarily make headlines. The story below is a good example; this is like quietly getting your rook to the opponents’ (Putin) back row.
I’m just ashamed we don’t have our LNG facility in Maryland ready to help in this effort. Here’s AP:
AP — KLAIPEDA, Lithuania — Lithuania has taken delivery of its first shipment of liquefied natural gas from the United States, a milestone that the Baltic state hopes will further reduce its reliance on Russia.
Independence, the U.S.-based tanker, docked Monday in the port of Klaipeda to offload some 150,000 cubic meters (200 cubic yards) of gas at a fully functioning offshore terminal that is capable of covering most of Lithuania’s annual energy needs.
Energy Minister Zygymantas Vaiciunas said the U.S. is already the country’s most-important strategic partner and now becomes “a reliable LNG supplier for the whole region.”
Moscow has used gas supplies to put pressure on Ukraine, which like the Baltic states was once part of the Soviet Union. That’s driven the urgency into projects to diversify sources to reduce dependence on Russia.
Stopping Putin is not easy. He’s smart, resourceful and dedicated to a path that is trouble for the U.S., but moves like this, take away key pieces of his leverage, one by one. Good for whomever put this deal together and got it to the finish line.