Lithuania: Klaipeda LNG regas volumes down 11.4 pct in Jan-Nov

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 11.4 percent in the January-November period as compared to the last year.

Klaipėdos Nafta, the LNG terminal operator, said Wednesday that its LNG import terminal during the 11-month period in total regasified and reloaded 12.1 terawatt hours (TWh) as compared to 13.7 TWh in the same period in 2016.

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.

On the other side, 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 rose 2 percent to 62.7 million euros ($74.1m) in the period under review.

For the month of November, LNG terminal revenues were flat at 5.5 million euros while volumes slid almost 42.2 percent to 0.5 TWh, Klaipedos Nafta said.

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

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