EuropeLNG Terminals

KN to offer long-term capacity booking at Lithuanian FSRU

By LNG Prime Staff
KN to offer long-term capacity booking at Lithuanian FSRU
Image: Klaipedos Nafta

Lithuania’s Klaipedos Nafta, the state-owned operator of the country’s first LNG import facility, is planning to offer to the market to book long-term capacity at the 170,000-cbm FSRU Independence.

Last month, Lithuania said it has completely abandoned imports of Russian gas and would satisfy the country’s entire gas demand via the FSRU-based LNG import facility in the port of Klaipeda.

Also, KN’s customers have fully booked the LNG terminal’s regasification capacity for this gas year ending September 30, and FSRU Independence would receive 20 large LNG cargoes in the March-September period.

Now the firm is inviting market participants to book capacities for the period from October 1 to December 31, 2022.

KN said in a statement on Monday it would offer a total of 9,66 TWh LNG capacities during the procedure and applications must be submitted until May 17.

Later this year, KN plans to offer the market the possibility to book long-term capacity at the LNG terminal, which would be available from January 1, 2023, for a period of five or ten years, it said.

Also, the firm said it has submitted the relevant amendments to the regulations for the use of the LNG terminal for market consultation.

“One of the technical changes we will follow next year will align the so-called gas year with the calendar year. That is why we are currently initiating capacity allocation for a relatively short period of three months,” Jurgita Šilinskaitė-Venslovienė, head of KN LNG commerce, said.

“Already in June, we will invite customers to assess the long-term capacity needs of the LNG terminal, for which we are currently making the final preparations,” she said.

Most Popular

LNG Terminals

Venture Global seeks FERC OK for CP2 LNG expansion

US LNG exporter Venture Global LNG has filed a new application with the US FERC seeking approval to add approximately 11.7 million metric tonnes per annum of capacity at its CP2 LNG project in Louisiana.
Vessels

Yangzijiang charters its first LNG carrier

Chinese private shipyard Yangzijiang Shipbuilding has chartered its first 175,000-cbm liquefied natural gas (LNG) carrier to capitalize on opportunities arising from the volatile market
LNG Terminals

Inpex says Ichthys LNG strike to disrupt production

Japan's Inpex expects the ongoing protected industrial action to disrupt production at both onshore and offshore Ichthys LNG facilities in Australia’s Northern Territory.

More News Like This

LNG Terminals

Gasum, Naftogaz book long-term capacity at Klaipeda FSRU

Finland's Gasum, Ukraine's Naftogaz, Lithuania’s Ignitis, Latvia’s Latvenergo, and Norway’s Equinor have booked long-term regasification capacities at the KN Energies-operated FSRU-based LNG import facility in Klaipeda, Lithuania.
LNG Terminals

Elenger to receive five LNG cargoes via Finland and Lithuania

Elenger, a unit of Estonian investment firm Infortar, will receive five liquefied natural gas (LNG) cargoes via Finnish and Lithuanian FSRU-based facilities this spring as part of its preparations for the next heating season.
LNG Terminals

KN offers long-term capacity at Klaipeda FSRU

Lithuania’s KN Energies, the state-owned operator of the country’s first FSRU-based LNG import facility in Klaipeda, has launched a long-term LNG terminal capacity allocation procedure for the period 2033–2044.
LNG Terminals

Ukraine’s Naftogaz to get US LNG supplies via Lithuanian FSRU

Ukraine's Naftogaz, in cooperation with Lithuanian state-owned energy firm Ignitis, will receive US LNG supplies in February-March 2026 via the KN Energies-operated FSRU-based LNG import facility in Klaipeda.