Page 3 - 2023 Something News Today : Breaking News, Live Updates & Top Stories | Vimarsana

As a minority investor. we took over our main energy asset. last year, we were 90% russian gas—dependent. 2023, we will be 0% gas dependent. well, hang on, let me stop you there, you say by 2023 — something strange is happening with regard to gas in latvia, because at the very end ofjuly, gazprom announced that they were ceasing all supplies to a whole bunch of countries, including latvia. only five days later, it was reliably reported here that latvia, once again, was indeed receiving russian gas. so are you weaning yourself completely off russian gas right now, or not? yes — the majori...

A majority stake control, gazprom is completely out, we have a japanese company as a minority investor. we took over our main energy asset. last year, we were 90% russian gas—dependent. 2023, we will be 0% gas dependent. well, hang on, let me stop you there, you say by 2023 — something strange is happening with regard to gas in latvia, because at the very end ofjuly, gazprom announced that they were ceasing all supplies to a whole bunch of countries, including latvia. 0nly five days later, it was reliably reported here that latvia, once again, was indeed receiving russian gas. so are you w...

2023, we will be 0% gas dependent. well, hang on, let me stop you there, you say by 2023 — something strange is happening with regard to gas in latvia, because at the very end ofjuly, gazprom announced that they were ceasing all supplies to a whole bunch of countries, including latvia. only five days later, it was reliably reported here that latvia, once again, was indeed receiving russian gas. so are you weaning yourself completely off russian gas right now, or not? yes — the majority of our supplies are coming from a liquefied natural gas facility in lithuania. our companies, other trade...

You've done nothing really to address that. not true — we have our biggest infrastructural asset in the energy field is an underground storage facility in latvia, which can hold about two years of our own supply. from 1997, that has been under the control of gazprom. my government now has taken a majority stake control, gazprom is completely out, we have a japanese company as a minority investor. we took over our main energy asset. last year, we were 90% russian gas—dependent. 2023, we will be 0% gas dependent. well, hang on, let me stop you there, you say by 2023 — something strange is ...

I think the answer is, japanjust has a lot of legacy infrastructure, and it's still building new coal—fired power stations today. just earlier this week i was out filming — about an hour south of tokyo, they are building a huge new, brand—new coal fire power station there, which will go online in 2023. something with that much investment will need to run 40—50 years, taking it well into the 20605 or '705, and japan hasjust got a lot of this infrastructure and a lot of heavy industry, and i think there is a real fear that moving quickly to renewable energy exclusively is going to massiv...