Lithuania Seeks Alternative Bids for LNG Import Terminal

July 9, 2021

Lithuania is seeking alternative bids from providers of floating liquefied natural gas (LNG) terminals to potentially replace its existing import terminal, operator Klaipedos Nafta said on Friday.

The Baltic state leases a floating storage and regasification vessel (FSRU) from Norway's Hoegh LNG and has an option to buy it when the lease expires in 2024.

The state-controlled Klaipedos Nafta said it had decided to seek alternative bids to make sure that it gets the best terms, and has to make the final decision by the end of 2022.

Lithuania has been importing LNG via the current terminal, dubbed Independence, since 2014, thereby ending Russia's Gazprom pipeline gas supply monopoly.

The Lithuanian terminal is used to import gas also for its neighboring Baltic states, and a new gas link to neighbor Poland is expected to be completed by end-2021.


(Reporting by Nerijus Adomaitis; editing by Victoria Klesty and Emelia Sithole-Matarise)

Logistics News

Two Millionth Subaru Arrives at Port of Vancouver USA

Two Millionth Subaru Arrives at Port of Vancouver USA

Louisiana International Terminal Permit Granted by U.S. Army Corps of Engineers

Louisiana International Terminal Permit Granted by U.S. Army Corps of Engineers

TowWorks Launches Invoice Intelligence Solution

TowWorks Launches Invoice Intelligence Solution

Indian Gasoline Cargo Arrives in Russia to Ease Shortages

Indian Gasoline Cargo Arrives in Russia to Ease Shortages

Subscribe for Maritime Logistics Professional E‑News

The financial week in five charts - Bank boom, aluminum squeeze and smart freight
Sources: Drone attack damages Novatek's Ust-Luga processing complex for gas condensate, according to sources
Deutsche Bahn's DB InfraGO challenges German regulator's rail-capacity ruling