LNG

Lithuania’s KN Energies has issued an additional invitation for market participants to allocate regas slots at its Klaipeda LNG terminal for 2027 after completing the initial annual booking process.

Lithuania’s Ignitis has booked an additional 2 terawatt-hours (TWh) of annual regasification capacity at the Klaipėda LNG terminal between 2033 and 2044 on the secondary market as Baltic gas demand stays high.

Five companies – Equinor, Gasum, Ignitis, Latvenergo and Naftogaz – have booked more than 20 TWh, or around 71% of the offered regasification capacity at the Klaipėda LNG terminal in Lithuania. About 12 TWh were allocated until 2040 ad the remaining 8 TWh through 2044, marking a decisive step in securing long-term gas supply for the Baltic region. Klaipėda LNG, also called FSRU Independence, has a regas capacity of 3.75 bcm/y equalling about 3.12 mtpa.

Venture Global is advancing talks to ship more LNG cargoes from its Plaquemines terminal in Louisiana to Ukraine’s largest private energy company DTEK, as the war-torn country scrambles to secure energy this winter. Delivered gas could cost a premium to spot LNG imports into northern Europe.  

June 21 (LNGJ) - Klaipeda Nafta (KN), the Lithuanian energy company and operator of the floating storage and regasification unit (FSRU) “Independence” berthed at the Baltic port of Klaipeda, said the vessel would be entering drydock for inspection and repairs before Lithuania takes over ownership at the start of 2024 from Höegh LNG. “Since the size of the vessel ‘Independence’ requires a large dock, which is not available in Klaipeda and neighbouring ports, it will be sent to one of the southwestern European ports,” said the company.

   “We estimate that since the beginning of LNG operations (in 2014), the terminal has regasified and supplied 12 billion cubic metres of natural gas to the market,” said Mindaugas Navikas, KN’s Director of Commerce. “In the last year alone, the LNG terminal has been operating at almost maximum regasification capacity. Therefore, the reliable operation of such a strategic infrastructure and, accordingly, the highest level of maintenance is our priority,” Navikas stated.

The first day of 2020 will see the Finnish pipeline natural gas market open up to competition and the transmission sector and the wholesale gas market will be unbundled from each other.

Klaipedos Nafta, the operator of oil and liquefied natural gas terminals in the Lithuanian Baltic Sea port of Klaipeda, said it had started the commissioning work at its new LNG reloading station after a commissioning cargo was delivered by a Royal Dutch Shell bunkering vessel.

Dec 27 (LNGJ) - The 140,000 cubic metres capacity vessel “Arctic Voyager” is scheduled to deliver a cargo to the Baltic state of Lithuania on December 30. The shipment from the Norwegian Hammerfest plant, operated by Statoil, will be unloaded at the floating import facility at the port of Klaipeda.

Nov 3 (LNGJ) - The 147,200 cubic metres capacity carrier “Arctic Lady” will deliver a cargo to the Barcelona import terminal in northeast Spain on November 5 from the Hammerfest liquefaction plant in Northern Norway, operated by Statoil. The 147,200 cubic metre capacity ship “Arctic Princess” will unload a shipment from Norway on November 6 at the Lithuanian import facility at Klaipeda on the Baltic coast.

Lithuanian liquefied natural gas terminal operator, the oil and energy storage company Klaipedos Nafta, has received more funding from the European Union to upgrade its LNG infrastructure.