• 2016 September 20 12:40

    Ristori: Lithuania’s LNG terminal is a success story

    On Tuesday, September 20, Dominique Ristori, Director-General of the Directorate-General for Energy within the European Commission visited a Klaipėda-based liquefied natural gas (LNG) terminal controlled by AB Klaipėdos Nafta. Mr Ristori praised an alternative gas supply model chosen by Lithuania, Klaipedos Nafta says in a press release.

    During a two-day visit to Lithuania, Mr Ristori was interested in the targets of Lithuania’s energy policy, national and regional energy projects, visited a LNG terminal which since December 2014 has been playing a vital role in ensuring gas and energy supply independence as provided for in EU directives.

    When visiting the Klaipeda LNG terminal Mr Ristori was presented with the terminal’s performance results. This year the volume of gas imported by Lithuania through the LNG terminal was bigger than pipeline gas supplies from Russia. Since 2014, when the Klaipeda LNG terminal became an alternative gas supply for Lithuania, Latvia and Estonia, gas prices in these countries have started to correlate with prices on the global market. It is a huge progress in a region which for many years had to rely on the gas monopolist.

    “Having implemented the LNG project and operating the LNG terminal for nearly two years, we can boldly state that all political decisions and steps made by our company as the executor of the project towards energy independence were correct and that demand for natural gas is growing in the region, especially using LNG as an alternative fuel. The development of the LNG infrastructure is driven by the demand of clean energy in shipping, road transport and industry. So, our company seeks new possibilities and invests in projects that are beneficial for various sectors of the Baltic region,” CEO of AB Klaipėdos Nafta Mantas Bartuška said after a meeting.

    „LNG terminal in Klaipeda undoubtedly implements the objectives of the Energy Union and EU LNG strategy and one of its key pillars – security of supply. Commission welcomed the development of this terminal and now we clearly see that it is delivering expected results – this year Lithuania for the first time in history will import more gas through LNG terminal than from Gazprom. Moreover, the Commission is witnessing the fact that the terminal also is delivering its supplies towards neighbouring Member States – Estonia and Latvia. This shows that LNG terminal is a success story and we have to explore all the options to ensure its successful functioning also on regional scale, “Mr Ristori said after visit into the LNG terminal.

    The state owns 72.32 percent of the Company Klaipėdos Nafta.

    Photograph: guests visiting LNG FSRU "Independence." From left to right: Lithuanian EU Ambassador Albinas Zananavičius, Minister of Energy Rokas Masiulis, Dominique Ristori, the European Commission's Director General for Energy, Master of FSRU "Independence" Vedran Smolić, AB Klaipedos Nafta General Manager Mantas Bartuška.




2020 July 4

15:01 APL announces storage arrangements for China reefer imports
14:39 MAN to supply compression technology for offshore gas production
13:28 Naval Group selected iXblue to supply navigation systems for Gowind-class vessels
12:33 USCG halts illegal charter, rescues 2 on disabled jet ski near Venetian Causeway Bridge
11:04 DNV GL: Ports can be the front runners of the energy transition, if port authorities and industry sectors join forces

2020 July 3

18:37 DistriRail adds its rail schedules to the Port of Rotterdam Authority’s Navigate tool
18:07 ClassNK releases amendments to class rules
17:44 Possibilities of digital transformation of military shipbuilding to be discussed at "ARMY-2020" forum
17:05 ECSA welcomes study on social aspects within the maritime transport sector
16:50 Rosmorrechflot warns about Russia’s risk to move from White to Grey list of Paris MoU
16:24 11 major international companies join forces to accelerate the energy transition in transport and logistics
15:48 Hydrographic Company and MRTS sign contract on construction of Utrenny terminal facilities
15:10 CMA CGM announces rates from Asia to Red Sea
14:43 ABP publishes its Annual Review 2020
14:10 Port of Savannah’s Ocean Terminal takes delivery of two mobile harbor cranes
13:12 Alfa Laval wins SEK 130 million offshore order in China
12:26 Throughput of port Azov in 6M’2020 fell by 15% YoY
12:01 ICS launches Guidance for Engine Room Safety
11:47 North-Western Shipping Company merges into Volga-Fleet
11:15 CMA CGM announces FAK rates from Asia to North Europe
10:59 Finnlines announces bunker surcharge for Malmö-Travemünde-Malmö
10:13 Ocean Yield takes delivery of newcastlemax dry bulk newbuilding
10:12 GTT and Zvezda Shipbuilding Complex sign a Technical Assistance and License Agreement for the construction of LNG carriers incorporating membrane tank systems
09:52 Bunker prices changed slightly at the Port of Saint-Petersburg, Russia (graph)
09:34 Baltic Dry Index as of July 2
09:20 MABUX: Bunker market this morning, July 03
09:16 Oil prices start decreasing
09:09 Baleària presents a proposal for the construction and operation of the new passenger terminal in the Port of Valencia

2020 July 2

18:37 CMA CGM announces FAK rates from Asia to the Mediterranean
18:04 ClassNK releases Annual Report on Port State Control
18:04 CMA CGM updates PSS for Reefer Cargo from North Europe, Scandinavia, Poland & Baltic, West Med & Adriatic to the Indian Subcontinent, Middle East Gulf & Red Sea
17:52 Glavgosexpertiza approves expansion of access canal to Sabetta port
17:35 Royal Niestern Sander delivers the hydrographic survey vessel ‘Geo Ranger’ to Geo Plus B.V.
17:21 Oil shipments via CPC Marine Terminal in 6M’20 climbed by 2.2% YoY
17:04 Kongsberg Digital acquires Danish maritime software company COACH Solutions
16:55 Federal government waives the traffic dues for the Kiel Canal until 31.12.2020
16:45 Fincantieri subsidiary INSIS acquired a majority share in Support Logistic Services
16:23 Webinar “Pusher-tugs as a pivot of river transportation chain. Will we have them built?” slated for 8 July 2020
16:04 IPCSA launches the Network of Trusted Networks
15:42 Shipbuilding facility of Neptun CDB in Novaya Ladoga lays down two cruise ships of Project PV20S
15:20 New transshipment terminal soon to become operational at the Port of Gothenburg
15:04 250,000 m2 of rooftop solar panels to be installed in the port of Amsterdam by 2024
14:23 MABUX releases weekly review of global bunker market
14:03 Nippon Paint Marine completes the extensive re-coating of the 1911-built cargo ship
13:29 Cargo traffic within Azov-Don Basin of Russia’s IWWs fell by 5% in 6M’20
13:05 Premiere for Rolls-Royce's first MTU gas engines in new Doeksen ferry
12:44 Bunker prices are slightly up at the Far East ports of Russia (graph)
12:22 Rosmorport announced tender for construction of LNG transshipment facility in Kamchatka
12:00 APM Terminals introduces APIs to transform the next generation of terminal data
11:21 Russian Railways' network loading fell by 4.5% in 6M’ 2020
11:03 ECSA calls on the German Presidency to support a stronger European shipping industry
10:47 Bunker sales at Vladivostok port in 6M’2020 fell by 23% YoY
10:29 Damen Maaskant Shipyards Stellendam delivers trawler Jonge Johannes
10:24 Tallink Grupp makes strategic future investment and purchases ro-pax vessel Sailor
10:02 Oil prices continue rising
09:59 Yang Ming fulfills green promise carbon emission reduced 51% in 2019
09:45 Tallink Grupp adds more departures to Helsinki-Riga and Turku-Tallinn routes for August 2020
09:28 MABUX: Bunker market this morning, July 02
09:23 Inaugural meeting of the international advisory panel on maritime decarbonisation
09:18 Baltic Dry Index as of July 1