The Baltic countries have disconnected from Russia's energy system
Category
Economics
Publication date

The Baltic countries have disconnected from Russia's energy system

Russia's influence in the energy arena continues to weaken
Source:  LRT

On the morning of February 8, Latvia, Lithuania, and Estonia were finally disconnected from the energy system of the aggressor country, Russia. What is important to understand is that the Baltic Energy System Agreement with Russia and Belarus (BRELL) formally ended at 11:59 p.m. on Friday, February 7.

Points of attention

  • Latvia, Lithuania and Estonia have switched to energy island operation with subsequent connection to the European energy system.
  • This is an important and symbolic event, as the Baltic countries have not purchased electricity from Russia since 2022.

Russia's influence in the energy arena continues to weaken

A statement on this issue has already been made by Rokas Masiulis, the head of Litgrid, the operator of the Lithuanian electricity transmission system.

The latter officially confirmed that in addition to his country, Latvia and Estonia also disconnected from the Russian system. According to him, everything went according to plan.

"We signed a protocol with the Russians on how everything should be turned off. I would even say that a few minutes before that, the Russians themselves contacted us and said they were ready," Masiulis said.

Photo: facebook.com/sergey.j.kovalenko

The head of the Litgrid company said that first they disconnected one line, and then after 10-15 minutes another, and after the same period of time a third line was disconnected.

Another half hour passed, and Lithuania also disconnected the Belarusian line.

De facto, all Baltic countries were disconnected from the system until approximately 09:00.

YASNO head Serhiy Kovalenko has already reacted to this. According to the latter, this is a very symbolic event, given the fact that the Baltic countries have not purchased electricity from a terrorist country since 2022.

Currently, the power systems of Latvia, Lithuania, and Estonia operate in an energy island mode, isolated from the European power system, and will later be connected to the general grid. Congratulations, friends!

Category
Economics
Publication date

Scholz made a clear promise regarding sanctions against Russia

Sanctions against Russia should be maintained
Source:  DW

Current German leader Olaf Scholz has dismissed the possibility of any easing of sanctions against Russia while it is waging a war of aggression against Ukraine.

Points of attention

  • The German leader's stance indicates that any easing of sanctions at present would be premature, considering the ongoing conflict and Russia's lack of genuine interest in peace.
  • Scholz advocates for Europe and the United States to jointly convey a strong message to Russia that support for Ukraine will persist, with the possibility of further sanctions if needed to end the war.

Sanctions against Russia should be maintained

According to the current Chancellor of Germany, there is no point in lifting sanctions until a just peace is achieved.

His promise was made on March 27 at the end of the "Coalition of the Willing" summit in Paris.

Any easing of sanctions at this time would be a serious mistake, as peace is still a long way off… It is clear that Russia is not really interested in establishing peace.

Olaf Scholz

Olaf Scholz

Chancellor of Germany

The German leader also emphasized that on the issue of sanctions policy, official Brussels and Washington "must take a clear common position," as has been the case so far.

According to him, Europe and the United States must together make it clear to Russia that "we can continue to use the opportunity to support Ukraine."

Recall that recently, US Treasury Secretary Scott Bessant began to claim that his country would not hesitate to tighten sanctions against Russia if necessary to end the war against Ukraine.

By staying online, you consent to the use of cookies files, which help us make your stay here even better 

Based on your browser and language settings, you might prefer the English version of our website. Would you like to switch?