Lithuanian LNG terminal allocates 71% capacity for 2033-2044
Lithuanian LNG terminal allocates 71% capacity for 2033-2044 OSLO, June 10 (Reuters) - Five companies have booked around 71% of the regasification capacity offered at Lithuania's Klaipeda liquefied natural gas (LNG) terminal for the period 2033-2044, operator KN Energies said on Wednesday.
KN Energies offered 28 terawatt hours (TWh) of regasification capacity, divided into 4 TWh packages per year and options for eight or 12 consecutive years.
It allocated 20 TWh, with 8 TWh until 2044 inclusive and a further 12 TWh until 2040.
Capacity was booked by five customers: Lithuania's Ignitis, Latvia's Latvenergo, Norway's Equinor, as well as new terminal customers Gasum of Finland and Ukraine's Naftogaz.
"This is a clear signal of trust in Lithuania’s energy infrastructure and of the terminal’s expanding role from the Baltic region to Northern Europe and Ukraine," said Minister of Energy Zygimantas Vaiciunas.
Unallocated capacities may be offered through repeated long-term capacity booking and annual capacity allocation procedures for each year separately.
One conventional-size LNG cargo corresponds to approximately 1 TWh
(Reporting by Nora Buli, editing by Terje Solsvik)
((Nora.Buli@thomsonreuters.com; (+47) 21 04 05 56; Reuters Messaging: nora.buli.thomsonreuters.com@reuters.net))
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