LNG

The Baltic state of Lithuania has allocated the long-term capacity on a regional basis for the floating liquefied natural gas import facility at the port of Klaipėda.

German natural gas supplier Verbundnetz Gas AG (VNG), based in the eastern city of Leipzig, has become the second large Russian gas buyer to be approved for a Berlin Government bail-out to stay afloat after LNG buyer Uniper received government funds in return for a stake.