aA
Klaipėda LNG terminal has been picked out as an example of how to ensure energy security and competition by the European Commission in the EU's liquefied natural gas and gas storage strategy.
LNG Terminal
LNG Terminal
© DELFI (V.Spurytės nuotr.)

The European Commission's Energy Director General Dominique Ristori said Klaipėda LNG terminal is a good example of the benefits that a floating terminal (FSRU) technology brings. He said Lithuania has not only ensured its energy security, but also adapted the LNG terminal to the region‘s needs. Ristori said that the Commission will support Lithuania in the follow-on steps – including securing LNG from global markets.

“About 50% global LNG supply growth is estimated over the next three years, which will lead to lower prices and open up additional opportunities for the European Union. The European Commission has prepared the EU's LNG and gas storage strategy with detailed guidance on how to make full use of LNG in Europe,” said the Vice Minister of Energy Aleksandras Spruogis.

The strategy was discussed on March 18 at the Energy Directors‘ General Meeting held in Brussels.

The efficiency of floating terminal systems and the need to utilize existing European LNG terminals to ensure security of supply in the EU countries was particularly emphasized in the meeting.

balsas.tv3.lt

Lithuania declares nationwide emergency due to coronavirus threat

The Lithuanian government declared on Wednesday a nationwide emergency in an effort to minimize...

Police chief in Kaunas Zukauskas sacked

Darius Zukauskas , chief of Kaunas County Chief Police Commissariat , has been dismissed from the...

Installation of Chinese CCTV in Kaunas raises security concern

The installation of a CCTV system produced by Chinese company Hikvision in Lithuania's...

Foreing ministry asks people to refrain from trips to Tenerife city

Lithuania's Ministry of Foreign Affairs has asked people to refrain from trips to the Tenerife...

Defense ministry moves to introduce 'official use' label in defense system

The Lithuanian Defense Ministry proposes to introduce the " official use " label for sensitive...

Top news

Lithuania declares nationwide emergency due to coronavirus threat

The Lithuanian government declared on Wednesday a nationwide emergency in an effort to minimize...

Installation of Chinese CCTV in Kaunas raises security concern

The installation of a CCTV system produced by Chinese company Hikvision in Lithuania's...

Police chief in Kaunas Zukauskas sacked

Darius Zukauskas , chief of Kaunas County Chief Police Commissariat , has been dismissed from the...

Lithuanian author long-listed for prestigious UK literary award

Noir Press announced that Lithuanian author Grigory Kanovich has just been long-listed for the...

Lithuanian model Ieva hits the London Fashion Week catwalk

A Lithuanian student from Kėdainiai swapped designing clothes for modelling them at one of the...