marine link image
Register now for the Port of the Future Conference • 2 Days, 50 Ports • Houston/Galveston area, TX • April 12–14, 2027

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

Port of Gothenburg Awards Contract for Stena Line’s New Arendal Terminal

Port of Gothenburg Awards Contract for Stena Line’s New Arendal Terminal

DSV Taps CMA CGM’s ACT+ to Cut Shipping Emissions

DSV Taps CMA CGM’s ACT+ to Cut Shipping Emissions

US Navy, Anduril Unveil $6.6B Shipyard Plan for Submarine Parts Production

US Navy, Anduril Unveil $6.6B Shipyard Plan for Submarine Parts Production

Russia Imports Petroleum Products From South Korea to Ease Fuel Crises

Russia Imports Petroleum Products From South Korea to Ease Fuel Crises

Subscribe for Maritime Logistics Professional E‑News

Hope fading for new Boeing deal during US-China summit, sources say
Smoke in the cabin causes emergency landing of a Boston bound Delta flight in Portugal
Russia claims it has struck Ukrainian defence industry vessels and facilities