Lithuanian company enters LNG distribution market

Lithuanian company enters LNG distribution market

From the autumn of the year 2018, Klaipėda-based Baltkonta will start to provide liquefied natural gas (LNG) transportation services.

Balkonta, part of the Limarko Group, the first logistics company in Lithuania to enter LNG distribution market, according to a statement by the Lithuanian LNG Cluster.

“Until now, we observed the situation when the companies operating in the energy sector were providing transportation services as well. But for sure there is a need for more logistics companies in the LNG market,” said CEO of Limarko Vytautas Lygnugaris.

According to the development manager of the Klaipėda Science and Technology Park Andrius Sutnikas, who also coordinates the activities of the Lithuanian LNG Cluster, the involvement of specialized companies in the LNG market is of a great value.

“LNG transportation is one of the main challenges striving for the faster development of LNG infrastructure in the Baltic Sea Region. The Klaipėda-based company, which is entering the new market, will make a significant contribution to the development of the LNG distribution chain in our country and beyond. Investment in this field proves a far-sighted approach,” he said.

Request for special gas tank trailer production has already been submitted to the manufacturer in Germany. At the initial stage, one transport facility will be purchased, following an investment of €400,000.

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 >