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Estonia May Build LNG Terminal to Cut Russia Energy Dependence

A tanker shipping liquefied natural gas sits in Sabetta sea port in Sabetta, Russia.

A tanker shipping liquefied natural gas sits in Sabetta sea port in Sabetta, Russia.

Photographer: Andrey Rudakov/Bloomberg

Estonia may accelerate a decade-old plan to build a floating terminal to import liquefied natural gas and reduce its dependence on Russian energy, its government said.

“In the changed security situation, ending the financing of the Russian war machine means that we must find an alternative to Russian gas,” Estonian Minister of Economy Taavi Aas said in an email to Bloomberg. The Estonian government discussed the proposal last week, but has not yet made a decision while discussions will continue next week.