Sunday, August 9, 2020

Lithuania News

KN Bags $148Mn Loan for its LNG Terminal

Image: Klaipedos Nafta

The Nordic Investment Bank (NIB) and Lithuanian liquefied natural gas (LNG) and oil terminal operator AB 'Klaipedos Nafta' (KN) have signed a EUR 134.1 million (USD 148 million)…

Lithuania's KN Bids for LNG Terminal Operator in Brazil

Image: Klaipedos nafta

Lithuania's state-run oil and LNG terminal operator Klaipedos Nafta (Klaipedos Oil, KN) said on Wednesday it’s currently negotiating an operations and maintenance services agreement…

Eesti Begins LNG Bunkering in Hanko Port

Image: Eesti Gaas

Estonian energy company Eesti Gaas began providing liquefied natural gas (LNG) bunkering services to LNG-powered vessels in the port of Hanko, Finland, for the first time in…

Estonia's Eesti Energia to Import Novatek Gas

Pic: Klaipedos nafta

Estonia's energy group Eesti Energia is all set to import gas from Russia's largest private gas company Novatek via Lithuania's LNG terminal based in Klaipeda, which is operated by KN…

Klaipeda LNG in Full Capacity

Image: Klaipedos Nafta

Lithuania's liquefied natural gas (LNG)  terminal Klaipėdos Nafta (KN) said that its terminal capacities are now fully booked for the rest of the Gas Year, following the favorable…

Nauticor Acquires World's Biggest LNG Bunkering Ship

Kairos. Photo: Nauticor

AB Klaipedos nafta (KN), the operator of oil products and liquefied natural gas (LNG) terminals, and the German company Nauticor GmbH & Co. have agreed on the sale of KN’s 10%…

Wind Provides 14% of European Electricity

Image: WindEurope

Wind energy provided 14% of the European Union’s electricity last year, according to figures published by the region’s wind energy trade body, WindEurope, with 11.7 gigawatts (GW) of new capacity added…

Poland and Lithuania Agree to Build Undersea Power Cable

Polish and Lithuanian power grid operators said on Friday they had agreed to build a high voltage direct current (HVDC) underwater cable by 2025 as part of a plan to connect the electricity grids of the Baltic state

Lithuania Plans to Buy an FSRU

(Photo: Hoegh LNG)

Lithuania has given the go ahead to state-owned Klaipedos Nafta to purchase a liquefied natural gas (LNG) storage vessel by late 2024, as it shores up energy supplies and reduces…

Höegh LNG Takes Delivery of Ninth FSRU

Image: Höegh LNG

Bermuda-based  floating liquefied natural gas (LNG) company Höegh LNG Holdings took delivery of Höegh Gannet, its ninth floating storage and regasification unit (FSRU).Höegh…

Finland Eyes Imports of Piped Gas via Baltics, Poland

Finland could in future receive gas from Norway via a network of pipes being planned through the Baltic countries and Poland, as part of an effort to reduce its dependency on…

EU Approves State Aid for Lithuania’s Klaipėda LNG Terminal

Image: Klaipeda State Seaport Authority

The European Commission said that the EC has approved under EU State aid rules the compensation granted by Lithuania to LITGAS for supplying a mandatory quantity of liquefied…

Babcock Delivers World's Largest LNG Bunker Supply Vessel

Image: Lloyd's Register

Babcock International is celebrating the completion of its ‘first of its kind’ and the world’s largest liquefied natural gas (LNG) bunker supply vessel, M.V. Kairos, as it is…

Russian Gas 2017 Exports to Europe at All-Time High

File Image: A typical LNG Carrier at Sea. As U.S. export infrastructure grows, EU countries now have more options. (CREDIT: MISC)

Exports to Europe, Turkey hit 193.9 bcm; production up 12.4 percent to 471 bcm. Russia's gas exports to Europe and Turkey rose by 8.1 percent to a record high 193.9 billion cubic metres (bcm) in 2017…

MET International Plans to Boost LNG Trades

Switzerland-based MET International AG plans to boost its liquefied natural gas (LNG) trades in Europe by 50 to 100 percent next year, the company's chief executive said on Tuesday.

Gazprom Says Progress Made in EU Anti-trust Talks

Gazprom said on Friday that anti-trust talks with the European Competition Commissioner Margrethe Vestager had made progress. The Russian state-controlled company is fighting…

Lithuania Receives First U.S. LNG Cargo

File Image: A typical LNG Carrier at Sea (CREDIT: QGTC))

Lithuania received its first spot shipment of liquefied natural gas (LNG) from the United States on Monday, the result of a deal aimed at reducing dependence on Russia and consolidating…

PKN, Lithuanian Railways Reach Deal on Fuel Transport Costs

Poland's biggest oil refiner PKN Orlen and Lithuanian Railways have agreed on new oil product transport fees and to end litigation, resolving a long-running dispute between the parties…

Lithuania Inks U.S. LNG Supply Deal

File Image: Credit QGTC

Lithuania's state-owned gas trader Lietuvos Duju Tiekimas (LDT) said on Monday it had signed a deal to buy liquefied natural gas (LNG) directly from the United States for the…

Skangas, Statoil Pact for LNG Reload at Klaipeda

Photo: Klaipedos Nafta

Skangas signed an agreement with Statoil, the Norwegian oil and gas company, for a small-scale LNG reload to take place at the Klaipeda LNG Terminal in Lithuania. The reload will take place early January 2017.