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

MPA, World Maritime University to Continue Strengthening Maritime Education, Leaders

MPA, World Maritime University to Continue Strengthening Maritime Education, Leaders

Maersk, Hapag-Lloyd to Resume Suez Canal Sailings

Maersk, Hapag-Lloyd to Resume Suez Canal Sailings

Terminal Portuario de Guayaquil Surpasses 2,200 Hours of Simulated Port Training

Terminal Portuario de Guayaquil Surpasses 2,200 Hours of Simulated Port Training

Port of Québec Advances 16 MW Shore Power Project for Cruise Ships

Port of Québec Advances 16 MW Shore Power Project for Cruise Ships

Subscribe for Maritime Logistics Professional E‑News

Cuba's national electricity grid collapses for unknown reasons
PJM claims that emergency electricity conservation during the US heatwave kept power demand below record levels
S&P 500 and Nasdaq end sharply higher after Broadcom rally