Lithuania seeks alternative bids for LNG import terminal

KN Energies AB

09/07/2021 15:19

OSLO, July 9 (Reuters) - Lithuania is seeking alternative
bids from providers of floating liquefied natural gas (LNG)
terminals to potentially replace its existing import terminal,
operator Klaipedos Nafta  KNF1L.VL  said on Friday.
    The Baltic state leases a floating storage and
regasification vessel (FSRU) from Norway's Hoegh LNG and has an
option to buy it when the lease expires in 2024.
    The state-controlled Klaipedos Nafta said it had decided to
seek alternative bids to make sure that it gets the best terms,
and has to make the final decision by the end of 2022.
    Lithuania has been importing LNG via the current terminal,
dubbed Independence, since 2014, thereby ending Russia's Gazprom
 GAZP.MM  pipeline gas supply monopoly.  
    The Lithuanian terminal is used to import gas also for its
neighbouring Baltic states, and a new gas link to neighbour
Poland is expected to be completed by end-2021.  

 (Reporting by Nerijus Adomaitis; editing by Victoria Klesty and
Emelia Sithole-Matarise)
 ((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699; Reuters
Messaging: nerijus.adomaitis.thomsonreuters@reuters.net))