PM Kariņš: Latvian State might build LNG terminal itself

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The building of the LNG terminal in Skulte could be taken up by the State itself if the private investor's conditions are unacceptable, Prime Minister Krišjānis Kariņš told Latvian Television on February 8.

Kariņš recalled that the Saeima had adopted a law regarding the necessity to build a terminal. “If there was a discussion in the Saeima and a sudden change of mind, it would be a relatively unexpected turn for me,” he said.

The Ministry of Climate and Energy is currently evaluating the intentions of the potential developer and what it might require from the State. He was critical of the information provided by the potential investor about the idea, saying it is "numberless".

“It's an interesting thing that someone offers to do something and can't write black on white what they require,” the politician said.

He said that if the investor asks for the impossible, it will not be supported. As an example, the Prime Minister mentioned private guarantees: “The State does not guarantee any profits to any business; we do not guarantee them in any sector. And why all of a sudden in this case?”

Kariņš said that in that case, LNG terminal could be constructed by the state. 

“I will not let anyone from the sidelines pull the wool over the eyes of the country and taxpayers,” the Prime Minister said.

In February, the PM looks forward to an analysis from the Ministry of Climate and Energy on options and a recommendation on how to proceed.

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