Klaipeda LNG terminal to supply Finnish-Estonian terminal with gas – Lithuanian PM

LNG "Independence"
DELFI / Šarūnas Mažeika

“I do welcome, because Estonia’s negotiations with Finland have been going on probably for some two years now. They even asked the European Commission to make a decision unilaterally and say in which country to build the terminal. However, the European Commission did not make such a decision. Then they received (the Commission’s) response that the countries themselves had to agree on this,” Butkevičius told the Seimas (Lithuanian parliament) on Thursday.

“I think that our FSRU (floating gas storage and regasification unit) will be able to supply this terminal with gas and, of course, if the gas price is different, it will also be possible to use pipelines, which have to be built in the Baltic countries. The Baltic countries must be also integrated into the West’s pipeline networks through the implementation of the GIPL project jointly with Poland,” he said.

The Estonian and Finnish prime ministers last Monday reached an agreement to build a regional LNG terminal in Finland and a gas pipeline, named Balticconnector, between the two countries. The agreement also provides for building a small-scale LNG terminal in Estonia.

The Klaipeda LNG terminal, which will start operating next January, will have an annual capacity of 1 billion cubic meters of gas in the first year of operation, to be increased to around 4 billion cubic meters in the future.

You may like

Be the first to comment

Leave a Reply

Your email address will not be published.