Vice President Pence sees more US LNG to Lithuania

The Independence FSRU used as Lithuania ‘s first LNG import terminal in the port of Klaipeda (Image Höegh LNG )

US Vice President Mike Pence said on Monday he expects more liquefied natural gas (LNG) supplies from the US to Lithuania after the latter bought two cargoes of the fuel from Cheniere’s Sabine Pass terminal in Louisiana.

To remind, Lithuania’s natural gas supply and trading company Lietuvos Dujų Tiekimas, part of the state-controlled Lietuvos Energija, recently bought the two cargoes to be supplied from the Sabine Pass liquefaction terminal, currently the only such facility to export US shale gas overseas.

The first LNG cargo, bought by LDT directly from Cheniere, is expected to arrive in the second half of August at Lithuania’s port of Klaipėda, where the Independence FSRU is located. The second cargo purchased from Spain’s Gas Natural Fenosa, that has previously contacted Sabine Pass volumes, is scheduled to dock at the FSRU in mid-September.

“The President and I were pleased to see a Lithuanian firm’s recent decision to purchase liquefied natural gas from the United States,” Pence said in Tallinn after a meeting with the presidents of Estonia, Latvia and Lithuania.

“And when the first delivery occurs next month, it will benefit not only our prosperity, but it will contribute to regional security and stability. And I’m confident that this deal will only be the first of many,” Pence said.

Lithuania, the largest of the three Baltic nations, started importing the chilled fuel via Höegh LNG’s FSRU Independence in December 2014 in order to reduce its dependence on Russian pipeline gas supplies.

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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