Klaipėda LNG terminal assures almost half of national gas demand

The favourable situation in the international gas markets has been determining the highest operative efficiency of Klaipėda LNG terminal since the launch of its activities. Over the first days of May up to 95% of the natural gas that reached Lithuanian consumers were supplied from Klaipėda LNG terminal. 

In April, the amount of the gas supplied to Lithuania through the LNG terminal made up 83% of the total amount of the gas supplied to the country. The major share of the above amount, i.e. 92%, were brought from the gas liquefaction factory in Norway. In April, about 1.48 TWh of gas were regasified in the LNG terminal, and that it 28.3% more than the amount of gas regasified in the same period last year.

Arūnas Molis, KN Klaipėda LNG Director, notes that the growth in the demand of Klaipėda LNG terminal capacities was encouraged by the favourable situation in the international markets.  It has been several months that the regasified LNG outbids the gas imported via remote long-distance pipelines, therefore, the importers having access to a great number of sources use the emerging opportunities.

“The possibility of purchasing gas in an open market enables the business to flexibly react to changes in the global market, therefore, the tendencies observed across Europe can also be felt in our country. We see that business is currently actively using the possibility to supply gas in a cheaper way, and KN, as the operator of the LNG terminal, assures the highest safety standards and effective services to the users of our infrastructure,” Mr. Molis notes.

In May, it is planned to accept 4 large gas carriers, which will bring more over 296 thousand cubic meters of LNG. Since the beginning of this year, Klaipėda LNG terminal has accepted 12 gas carriers for various LNG reloading operations.