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

New Excursion Boat Debuts at Port of Los Angeles

New Excursion Boat Debuts at Port of Los Angeles

MPA and MSC to Advance Sustainable and Digital Development

MPA and MSC to Advance Sustainable and Digital Development

Victoria International Container Terminal Deploys Hybrid Automatic Container Carriers

Victoria International Container Terminal Deploys Hybrid Automatic Container Carriers

Damen Expands Combi Freighter Series

Damen Expands Combi Freighter Series

Subscribe for Maritime Logistics Professional E‑News

Bolivia's new Defense Minister pledges to remove roadblocks while protests continue
NAACP says US Postal Service voting plan violates settlement
The US has told Europe and Canada to increase NATO air and Naval Forces