Klaipedos Nafta’s LNG revenue climbs

Golar Seal and FSRU Independence (Image: Klaipedos Nafta)
Golar Seal and FSRU Independence (Image: Klaipedos Nafta)

Klaipedos Nafta, the operator of the first Lithuanian LNG terminal said on Wednesday that the import facility earned 3.5 percent more in the January-November period.

Sales revenues coming from the regasification activity from Höegh LNG’s FSRU Independence located in the port of Klaipeda were at 61.4 million euros (US$65.8 million) in the 11-month period, as compared to 59.3 million euros in the same period the year before.

In November, the sales revenues rose slightly to 5.5 million euros as compared to 5.4 million euros in the same month in 2015, Klaipedos Nafta said in its latest monthly report.

The terminal regasified 13,761 thousand MWh of natural gas in the 11-month period, 3.1 times greater than last year. The regas volumes rose to 911 thousand MWh in November versus 282 thousand MWh in the comparable month, the report 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.

 

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 >