Klaipedos Nafta secures funds for Lithuania’s first LNG reloading station

Klaipedos Nafta secures funds for Lithuania's first LNG reloading stationArctic Princess and FSRU Independence in Klaipeda (Image courtesy of Höegh LNG)

Klaipedos Nafta received a financial boost from the European Union for the upgrade of its LNG infrastructure in Klaipeda, under the Connecting Europe Facility (CEF). 

As part of a Blue Baltics project, the European Union provided €15 million, €4 million of which will be directed to Klaipedos Nafta’s LNG reloading station project, the company said on Tuesday.

Besides Klaipedos Nafta’s LNG reloading station, the funds will cover investment in the expansion of LNG fuelling infrastructure in Estonia and upgrade of an LNG distribution terminal in Sweden.

In addition, a bunkering vessel in Germany will be implemented during the project. The project is planned to be completed by the end of second quarter in 2019.

Klaipedos Nafta has already received €6 million of EU support in 2015 for construction works of the LNG reloading station and €0.15 million of EU support in 2014 for LNG reloading station FEED and other preparation works.

Share this article

Follow LNG World News

Events>

<< May 2017 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

03rd OIL & GAS TANZANIA 2017

After a successful Oil & Gas Exhibition in 2016, Expogroup is all set for the 6th OIL & GAS AFRICA 2017…

read more >

LNG Roadmap Workshop

4th Workshop “LNG Roadmap – LNG as a driving force for cross-border cooperation within Europe”.

read more >

LNG Shipping

The 2017 LNG Shipping conference will bring together producers, carriers, regulators and industry experts…

read more >

CWC World LNG & Gas Series: Americas Summit

The Premier Meeting Place in the Americas for LNG & Gas Supply Chain

read more >