Lithuania's new liquefied natural gas (LNG) terminal in Klaipėda will be completed on schedule in November, when a floating storage and regasification unit (FSRU) built for the facility is to come to the port, Prime Minister Algirdas Butkevičius said on Tuesday.
Floating storage and regasification unit Independence

"We are planning to complete the terminal in the first days of November, because the Independence is to arrive in Klaipėda at the start of that month," Butkevičius said on LRT Radio.

Butkevičius, who is in Klaipėda to chair a meeting of a commission in charge of the LNG terminal project implementation, said that with the strategically-important project nearing completion, it is necessary to ensure tighter control of implementation deadlines and quality of work.

"We will also speak about the internal and external security of the facility," he said.

It is planned that Lithuania will be able to import about 1 billion cubic meters of gas via the terminal in the first year of operation, with the annual capacity to be increased to 4 billion cubic meters in the future.

BNS
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Lietuvos Energija is Acquiring a Wind Farm Development Project in Poland

Lietuvos Energija , a group of energy companies, further pursues the international strategy provided...

Latvenergo starts selling natural gas in Lithuania

Latvia's state energy company Latvenergo has started offering natural gas to its customers in...

Brussels preparing for talks with Russia on Baltic power systems

The European Commission is getting ready to start consultations with Russia over the switching of...

The biggest Lithuanian energy company expands in Poland

The Lithuanian state capital energy company group Lietuvos Energija moves forward with...

Eesti Gaas places order for the first LNG bunker vessel for North-East Baltic Sea

The leading Estonian energy company Eesti Gaas has placed an order for an LNG (liquefied natural gas)...