The new calendar yr in Klaipeda Liquefied Natural Gas (LNG) terminal started by exceeding 200 LNG operations, counting from the start of the LNG terminal operation.
From December 31st to January 1st, the 200th loading operation was carried out from a small-scale LNG provider, and on January 2-Three the loading was carried out from the LNG provider Point Fortin, which delivered about 140 thousand. cub. m of LNG from Cameron LNG terminal, USA.
This is the primary go to of the LNG provider Point Fortin to Klaipeda port. Point Fortin, constructed a decade in the past and is technically an identical to the LNG terminal’s FSRU Independence, is crusing with the Panamanian flag and visited Klaipeda port for the primary time. This is already the 12th LNG cargo from the USA and the primary this yr. Last yr, a complete of eight LNG cargoes had been delivered from the USA.
From the beginning of operation of the terminal, LNG was largely imported from Norway (78%), about 12% – from the USA, the remainder from Russia, Nigeria, Trinidad and Tobago. Last yr alone, 72 cargo dealing with operations had been carried out on the LNG terminal, cargo from the USA accounted for about 34 p.c of the entire shipments.
“Although final yr’s coronavirus disaster affected many industries, the LNG sector has had the least affect in comparison with different power sectors. Due to the modified supply-demand stability, final yr was significantly favorable for the import of LNG from the USA to Europe. This was primarily as a result of emergence of latest LNG liquefaction capability within the USA. As final yr, LNG terminal clients can carry on making the most of LNG market fluctuations and LNG terminal flexibility. From 1st January the brand new LNG terminal service tariffs have entered into pressure and hopefully will stimulate the curiosity of current and potential terminal customers in long-term contracts,” feedback Mindaugas Navikas, Chief Commercial Officer of KN.
For 2021, greater than 14 TWh of regasification capability has already been booked on the LNG terminal. The Law on the LNG Terminal stipulates that the terminal will function till not less than 31st December 2044. Regional demand for pure gasoline is projected to extend with the implementation of the GIPL venture and the mixing of the Baltic States into the only European pure gasoline market.
(Source: KLNG – Image: Point Fortin LNG tanker within the fog of Klaipeda, Lithuania)
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