Baltic Course: Masiulis: Europe is heavily dependent on energy import

Minister of Energy in Lithuania Rokas Masiulis participated at the European Gas Summit organised by the British newspaper the Financial Times and stressed that Europe is heavily dependent on energy import.

The European Union (EU) imports 53% of the consumed energy, Russia being the dominant exporter especially to Central and Eastern Europe.

"Dominance in energy import raises risks to energy security, often it results in the distorted market," said the Lithuanian energy minister.

The minister said that the European Energy Security Strategy, recently approved by the European Commission, is an important step seeking to ensure greater energy security among the EU member states.
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