Today, at its sitting, the Cabinet has agreed to the renewed National Strategy of Energy Independence, thereby setting key objectives for the Lithuanian energy sector for the period leading up to 2020 and outlining the vision of the energy sector up until 2050.

The major objective of the strategy is to ensure energy independence for Lithuania by 2020. Upon its implementation Lithuania will be free to choose the type of energy resources, as well as the sources of their distribution, which would best correspond to the State’s needs for energy security and ensure the most favourable costs of energy resources for consumers.

The strategy is a prerequisite for the implementation of key energy projects. Therefore it will be submitted to the Seimas together with other draft legal acts regulating the implementation of the strategic energy projects, namely, the Visaginas Nuclear Power Plant and the Liquefied Natural Gas Terminal.