Baltic Countries to Stop Dependence on Russian Electricity

The Baltic nations, Latvian, Lithuanian, and Estonian, signed an agreement to stop buying electricity in Russia.

The decision also stemmed from the issues of payment. Estonia's Elering, Latvia's Augstsprieguma tīkls (AST), and Lithuania's Litgrid inked the deal as they are unwilling to comply with Russia's demand to pay in rubles.

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The electricity market will be connected only with Poland and the Scandinavian countries from June 1, according to the Latvian company.

In May, the Russian Foreign Ministry announced the Kremlin‘s withdrawal from the Council of the Baltic Sea States (CBSS), affirming that its presence in the region would not be affected by the decision.

“Attempts to push our country away from the Baltic are doomed to fail. We will continue working with responsible partners, hold an event on key issues of development of the Baltic Region – our common heritage, we will continue to protect interests of our compatriots,” the ministry announced in a statement.

“The current situation in the council is on the conscience of those who destroyed the foundations of this organization.” the ministry noted, calling it “degrading”.

“NATO and EU states within the Council rejected the equal dialogue and the principles that this Baltic regional structure was created upon, and they gradually turned the Council into an instrument of anti-Russian politics.”