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

Coast Guard Issues Notice on Unmanned Vessels

Coast Guard Issues Notice on Unmanned Vessels

LCA says Key Commodity Trade Up 4.5%

LCA says Key Commodity Trade Up 4.5%

Alex Gregg-Smith Takes Over As IACS Council Chair

Alex Gregg-Smith Takes Over As IACS Council Chair

Giovanni Corbetta Appointed as New Chief Executive Officer at Unique Group

Giovanni Corbetta Appointed as New Chief Executive Officer at Unique Group

Subscribe for Maritime Logistics Professional E‑News

There are some flights to the Middle East that have resumed but there is still disruption.
Dassault, France's fighter manufacturer, is open to collaboration after the collapse of its programme
ICE confirms raw sugar deliveries of 796 500 metric tons in July, all from Brazil