Lithuanian FSRU back online after dredging works

Lithuanian FSRU Independence is now back in action following the completion of dredging works in the port of Klaipeda.

To remind, Klaipedos Nafta temporarily relocated the FSRU last week from its usual location near Kiaules Nugara Island.

Belgian dredging company Jan de Nul was in charge of the maintenance works

Klaipeda port said the works were “smooth and the contractor managed to finish them earlier than planned”.

The Belgian company excavated in total 50,444 cubic meters of silt soil in the LNG terminal area.

Following the completion of the cleaning works, the FSRU resumed its usual operations on Monday morning.

Klaipedos Nafta is currently leasing the FSRU Independence from Norway’s Hoegh LNG under a ten-year deal that expires in 2024.

However, the Lithuanian company has recently signed a deal with the Nordic Investment Bank to finance the purchase of a FSRU once this agreement expires.

NIB’s loan of €160 million ($182.2 million) will finance the acquisition of the “most economically viable” FSRU at the end of 2024.

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