Lithuania Hopes for Energy Independence, Security With New LNG Terminal

Lithuania's liquefied natural gas (LNG) terminal "Independence" is a geopolitical project that will lead to energy independence and security of the whole Baltic region, Lithuania's president said at the official ceremony of welcoming the off-shore liquefied natural gas vessel Independence in the port of Klaipeda.

"Klaipeda's LNG terminal will cover almost 90 percent of gas needs of Lithuania, Latvia and Estonia," Dalia Grybauskaite, Lithuania's president, said at the ceremony.

"Lithuania has managed to build the terminal alone. It took just three and a half years to implement the project. We have become a secure state in what concerns energy. It [the terminal] will become a guarantor of energy security for the whole Baltic region. We will always be able to help our neighbors in case they need it," the president said, adding that Lithuania will no longer be dependent on the "imposed gas prices".

Independence storage-vessel for the LNG terminal has the capacity of 170,000 cubic meters (approximately 6 billion cubic feet), and is leased by the state-owned energy terminal operator Klaipedos Nafta AB from Norway's Hoegh LNG Holdings liquefied natural gas services provider for the period of 10 years. Lithuania also has a contract with Norway's oil and gas company Statoil ASA to supply the terminal with LNG for five years at the prices comparable to Russian energy giant Gazprom's export to the country after this year's price reduction, according to Lithuania's Energy Minister Rokas Masiulis.

The first delivery of LNG is scheduled for Tuesday.
(RIA Novosti)
27/10/14
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Τις Προοπτικές Επίλυσης των Διαφορών τους στο Φυσικό Αέριο Συζήτησαν Gazprom και Λιθουανία

Πραγματοποιήθηκε στις 20 Δεκεμβρίου, συνάντηση στο Βίλνιους μεταξύ του Αναπληρωτή Προέδρου της Διοικούσας Επιτροπής της Gazprom, Alexander Medvedev και του Yaroslav Neverovich, Υπουργού Ενέργειας της Λιθουανίας.

Τα δύο μέρη συζήτησαν όλα τα ζητήματα αναφορικά με την μεταξύ τους συνεργασία στον ενεργειακό τομέα, και ειδικότερα την κατάσταση της αγοράς φυσικού αερίου και τις πρωτοβουλίες για την επίλυση των υπαρχουσών διαφωνιών καθώς και την εφαρμογή του Τρίτου Ενεργειακού Πακέτου. Όπως συμφωνήθηκε από κοινού, οι συζητήσεις θα συνεχιστούν.


«Η Λιθουανία παραμένει μία σημαντική αγορά, στην περιοχή της Βαλτικής, για τον όμιλο Gazprom. Ειμαστε έτοιμοι για την εξεύρεση λύσεων σχετικά με τα σημαντικά προβλήματα μέσω της από κοινού προσπάθειας” δήλωσε ο Alexander Medvedev. 
.energia.gr
21/12/12 
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• [1] Gazprom and Lithuania discuss prospects for settling energy disputes

Vilnius hosted today a working meeting between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Jaroslav Neverovic, Energy Minister of the Republic of Lithuania.


The meeting discussed cooperation issues in the energy sector, in particular, the situation on the gas market, and prospects for cooperation between the parties in settling the disputes as well as implementation of the European Union's Third Energy Package. The parties agreed to continue the consultation process.

“For Gazprom Group Lithuania remains an important market in the Baltic region. We are ready to look for solutions in disputes through cooperative efforts,” said Alexander Medvedev.

Background

Natural gas is exported to the Republic of Lithuania under long-term agreements effective through to 2015.
Some 3.2 billion cubic meters of natural gas are expected to be supplied to Lithuania in 2012.
Lietuvos Dujos deals with gas purchase, transmission and distribution in the Republic of Lithuania as well as with Russian gas transit to the Kaliningrad Region. Gazprom holds a 37 per cent stake in the company.
http://www.gazprom.com/press/news/2012/december/article152323/
20/12/12