Klaipėdos Nafta reloaded 640,000 thousand tonnes of oil products in December

State company Klaipėdos Nafta during December 2014 reloaded 640 thousand tonnes of oil products into its storage tanks, greater by 68.4 percent than during December 2013, when 380 thousand tonnes were reloaded. During December 2014 more oil products from the main client of the company Orlen Lietuva as well as from refineries of the Republic of Belarus were reloaded, compared to transhipment during December 2013, also during December 2014 additional heavy oil products from refineries of Russian Federation were reloaded, Klaipėdos Nafta announced. […]

LNG Terminal

Klaipėdos Nafta secures 34.8-million-euro loan from Nordic bank for LNG terminal

Klaipėdos Nafta (Klaipėda Oil), the developer of Lithuania’s liquefied natural gas (LNG) terminal project, has signed a 20-year, 34.754-million-euro loan agreement with the Nordic Investment Bank (NIB). […]

Rokas Masiulis

New minister pledges more transparency in Lithuania’s energy sector

DELFI columnist Ramūnas Bogdanas talks to Rokas Masiulis who was appointed as Lithuania’s new energy minister this week. […]

The Independence, the floating LNG storage unit

How will Lithuania’s LNG terminal work?

The liquefied natural gas (LNG) floating storage, which at the beginning of the year was solemnly named “The Independence”, and will start functioning this December, will be stationed alongside the quay on the island of Kiaulės Nugara (Pig’s Back). However, if necessary, it will be able to depart from the quay and transport gas, says Indra Milinienė, communications manager of Klaipėdos Nafta, the company implementing the LNG Terminal project. […]

Quay for the LNG terminal

Prime Minister Butkevičius: Three shifts of contractors work to finish LNG terminal in time

On Thursday Prime Minister Algirdas Butkevičius participated in the monthly meeting of the commission on the Liquefied Natural Gas (LNG) terminal project implementation. According to the prime minister, the project is nearing completion, therefore the site is being visited more often to make sure the work runs smoothly. […]