The U.S. Must Lead the World Into a New Generation of Energy Prosperity
Sen. Cruz releases statement on Lithuanias step towards energy independence
WASHINGTON, DC -- U.S. Sen. Ted Cruz, R-Texas, released the following statement regarding the inauguration of Lithuania’s LNG import terminal at Klaipėda. The project was approved on July 21, 2010 with Norway's Statoil and Lithuania’s Litgas, gas trading arms of these respective states, signing the 5-year deal in August 2014 to supply LNG shipments.
“After living for years at the mercy of the Russian Federation, today Lithuania welcomed the Independence, a floating liquefied natural gas terminal capable of transporting 170,000 cubic meters of LNG to its port in Klaipėda," said Sen. Cruz. "Capable of supplying a majority of Lithuania, Latvia, and Estonia’s energy needs, this commemorative ceremony is a defining geopolitical moment of economic liberalization. As Lithuanian president Dalia Grybauskaitė declared, 'Nobody will be able to blackmail or force us to pay the political price.'”
“As we celebrate Lithuania’s step toward energy security, the United States faces a pivotal question: will we lead the world into a new generation of energy prosperity, or will we allow tyrants like Vladimir Putin to determine our future? We have an opportunity not only to aid the Baltic States in breaking their dependence on Russia, but also to unleash the American energy renaissance within our own borders. Washington must lift oppressive export regulations on LNG immediately, removing barriers between economic growth and American innovators poised to bring it about.”