Klaipedos Nafta: FSRU Independence earns more cash in July

Golar Seal and the FSRU Independence (Image courtesy of Klaipedos Nafta)
Golar Seal and the FSRU Independence (Image courtesy of Klaipedos Nafta)

Klaipedos Nafta, the operator of the first Lithuanian LNG terminal said Friday that sales revenues from the import facility rose 1.9 percent in July.

Sales revenues coming from the regasification activity from Höegh LNG’s FSRU Independence located in the port of Klaipeda were at 5.5 million euros in the second quarter, as compared to 5.4 million euros the year before.

According to Klaipedos Nafta, the FSRU regasified 1,012 thousand MWh of natural gas and supplied it to Lithuania’s natural gas transmission system. This represents a rise of 210% as compared to July last year.

LNG revenues rose by 4.8% in the January-July period to 39.6 million euros as the terminal regasified 10,220 thousand MWh, or 245% more than in the corresponding period in 2015, the Lithuanian company said.

The largest of the three Baltic nations, Lithuania started importing LNG in December 2014 in order to reduce its dependence on Russian pipeline gas supplies.

Deliveries to Lithuania’s LNG terminal are being split between Litgas, a part of state-controlled energy group Lietuvos Energija, Lietuvos Duju Tiekimas, and Lithuanian fertilizer producer Achema.

1 Euro = 1.11 US Dollar

 

LNG World News Staff

 

 

Share this article

Follow LNG World News

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 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 5

The 6th CWC China LNG & Gas International Exhibition & Summit

Following on from LNG 2019 and five successful editions in Beijing, the established China LNG & Gas International Exhibition & Summit…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >