FDI MAGAZINE: KLAIPEDA GIVES LITHUANIA A GAS-POWERED INDEPENDENCE
2017-12-20
Company news
The construction of a liquefied natural gas terminal at Klaipeda has enabled Lithuania to broaden its energy sources where once it had to rely on Russia. The resultant cut in costs has boosted the economy and benefited investors in the local free trade zone.
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On Monday, a liquefied natural gas (LNG) cargo from the United Stats of America ordered by D.TRADING International SA, a subsidiary of DTEK Group, the largest private Ukrainian energy company, reached the Klaipėda LNG terminal operated by the international terminal operator KN Energies. Approximately 160 thousand cubic metres of U.S....
Exactly 11 years ago, on 27 October 2014, the liquefied natural gas (LNG) floating storage and regasification unit (FSRU) Independence reached the Port of Klaipėda. Lithuania’s liberation from the grip of a monopolist became not only an inspiration for the Baltic region but also ensured energy security and the right for consumers...
As part of the shore electricity connection project to the Klaipėda LNG terminal implemented by the international energy terminal operator KN Energies, the first works have begun. The company executing the project, Kauno tiltai, has started cleaning a pipe installed using the horizontal directional drilling (HDD) method and carrying out...