Lithuania’s Klaipedos Nafta will purchase an LNG vessel to replace the one from Norway’s Hoegh LNG, which was leased until 2024. The new import facility is planned to be operated until 2044 at least. The state will finance the purchase.

Klaipedos' LNG terminal

Mindaugas Jusius, Klaipedos Nafta CEO, tells that the company will run an international tender for a FSRU between 2021 and 2024. At the moment Lithuania pays 66 million euros per year for the FSRU, and approximately 30 million euros for its maintenance. The new vessel will give Lithuania an opportunity to become less dependent on Russia’s Gazprom natural gas supply.

Read also: Four Trends to Consider in your LNG Strategy
Issues connected with Baltic energy supply will be examined during the 5th International LNG Congress. Come to meet and negotiate with the representatives of Klaipedos Nafta: Vitalijus Trakšelis, Project Manager, and Dainius Sivickis, Senior Business Developer. Join us in St. Julian's, Malta, 29-30th of April, 2019.

Source:  Reuters.com

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