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

Cimolai Technology Unmoors 800-Ton Goliath Crane, Destined For Fincantieri Monfalcone

Cimolai Technology Unmoors 800-Ton Goliath Crane, Destined For Fincantieri Monfalcone

Ukraine Explores Alternative Grain Routes

Ukraine Explores Alternative Grain Routes

Strike Hinders Argentina Grain Port Activity

Strike Hinders Argentina Grain Port Activity

Carnival Cruise Line Implement Jotun Hull Cleaning Solution

Carnival Cruise Line Implement Jotun Hull Cleaning Solution

Subscribe for Maritime Logistics Professional E‑News

FAA wants airlines to have more flexibility in choosing emergency medical kits for flights
Sources say that a dry bulk ship was struck near the Strait of Hormuz and its crew abandoned ship.
Petrobras suspends study for $1 billion gas pipe in Brazil amid regulatory uncertainty