Lithuania: Klaipeda LNG regas volumes continue to slide

FSRU Independence (Image courtesy of Klaipedos Nafta)

Liquefied natural gas (LNG) volumes at Lithuania’s first and only import terminal in the port of Klaipeda dropped 19.9 percent in April when compared to the last year.

Klaipėdos Nafta, the LNG terminal operator, said Tuesday that its facility during April in total regasified and reloaded 1.15 terawatt hours (TWh) as compared to 1.43 TWh last year.

This is the third monthly drop for these volumes this year.

In the January-April, the LNG terminal’s total throughout stood at 2.25 TWh versus 2.97 Twh in the same period last year.

Klaipėdos Nafta explained that the lower activity at the LNG import facility was due to lower capacities reserved by the terminal users.

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.

Revenues coming from regas and reloading activities from Höegh LNG’s FSRU Independence used as Lithuania’s first import terminal in the port of Klaipeda also declined.

Klaipeda LNG operations gathered 5.1 million euros last month, down 6.7 percent on the year while in the four-month period the LNG facility earned 21.8 million euros, a drop of 9.2 percent as compared to 2016.

Lithuania, the largest of the three Baltic nations started importing LNG in December 2014. The FSRU currently provides Lithuania with roughly half of its gas needs with the rest being sourced from Russian Gazprom.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Dec 2018 >>
MTWTFSS
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 6

Downstream 2019

Renowned as the most significant global meeting place for Downstream professionals…

read more >

Cryogenic Storage Tanks – International Conference

The main conference topics are current international tank standards, safety concepts, tank design criteria…

read more >

The International Gas Cooperation Summit (IGCS)

The Summit will put the objectives of South Africa and the region at the forefront of international gas development…

read more >

Global LNG Forum 2019

Global LNG Forum is your opportunity to see what the future of LNG will be like…

read more >