Lithuania’s LNG terminal: The impossible became possible?

Lithuania’s LNG terminal in Klaipėda, launched in late 2014, has been a symbol of its aspiration towards energy independence, although maintaining the facility has proved a heavy financial load. That, however, is changing. […]

LNG tanker

New LNG shipment from Statoil coming to Klaipėda

A new shipment of Statoil’s liquefied natural gas (LNG) will be delivered to the Lithuanian LNG facility in Klaipėda this week. […]

Klaipėda LNG terminal

Gas consumption falls below minimum needed to sustain Lithuania’s LNG terminal

As natural gas consumption has dropped drastically in the energy sector, the minimum quantity of natural gas required for the operation of the Liquefied Natural Gas (LNG) Terminal will twice surpass the projected demand by energy producers. The designated supplier, company Litgas, forecasts that due to such changes in the market the average gas purchase price for energy producers may rise by approximately 50 percent. This shows that the existing designated supply model is no longer sustainable. […]


Litgas and Statoil prepare joint venture to enter Baltic Sea small scale LNG market

Natural gas supply and trading company Litgas, part of Lithuania’s state owned energy holding Lietuvos Energija, and Norway‘s Statoil, a leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on Thursday in Vilnius regarding establishment of a joint venture company in Lithuania to develop small scale LNG bunkering services, Litgas reports. […]

"Arctic Aurora"

First commercial gas shipment delivered to Lithuania’s new LNG terminal

On Tuesday, liquefied natural gas (LNG) tanker Arctic Aurora delivered the first commercial shipment of gas to Lithuania’s LNG terminal. […]