Lithuania: Klaipeda LNG regas volumes dip in Jan

Liquefied natural gas (LNG) volumes at Lithuania’s first and only import terminal in the port of Klaipeda dropped almost 68 percent in January year-on-year.

Klaipėdos Nafta, the LNG terminal operator, said Wednesday that its facility during January in total regasified 0.25 terawatt hours (TWh) as compared to 0.78 TWh in the same month in 2017.

The January volume decreased due to lower capacities ordered by the terminal users and as there were no LNG reloading activities, Klaipėdos Nafta said.

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 dropped in January.

As compared to January 2017, revenues declined 32.1 percent to 5.3 million euros.

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