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


<< Oct 2019 >>
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

CWC World LNG Summit & Awards Evening

The CWC World LNG Summit & Awards Evening will be returning to Rome in 2019 to celebrate it’s 20th year.

read more >

LNG Bunkering Mediterrean

The only 3-day course offering theoretical and practical training on LNG bunkering designed by the Mediterranean market leaders.   

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >