LNG

Finland has drawn up plans to charter a liquefied natural gas floating storage and regasification unit (FSRU) in cooperation with its fellow European Union and Baltic Sea regional neighbour Estonia.

July 11 (LNGJ) -  Klaipedos Nafta, the petroleum storage company and owner of the Lithuanian LNG importer terminal at the Baltic port of Klaipeda, said sales revenues for the LNG facility for June 2017 amounted to 5.4 million euros ($6.1M), 3.6 percent less than the 5.6M euros earned in the same month of 2016. These revenues come from payments for terminal use and regasification and reloading tariffs. However, the preliminary revenues of the LNG terminal for the first six months of 2017 were up, however, and amounted to 35.0M euros, a 2.6 percent increase from the 34.1M euros posted in 2016. The terminal is scheduled to receive its first US LNG shipment in August from the Cheniere Energy plant in Louisiana.