• 2016 September 30 11:08

    Lietuvos Dujų Tiekimas reserves additional capacities of LNG terminal under agreement with Klaipėdos Nafta

    As the new gas year approaches, AB Klaipėdos Nafta, the operator of the LNG terminal, has entered into an additional agreement on the use of the terminal's capacities with one of the largest gas market players – UAB Lietuvos Dujų Tiekimas, Klaipėdos Nafta says in a press release.

    According to the signed agreement, during the current gas year, which lasts from 1 October 2016 to 30 September 2017, Lietuvos Dujų Tiekimas has reserved additional capacities of the LNG terminal, which will amount at this stage to 2.183.016.485 kWh.

     “This year, we are observing a change that market players increasingly often use the flexibility provided by the LNG terminal in forming gas supply portfolios and purchasing LNG from different world market suppliers. This year's practice has shown that considerable capacities are also ordered in the middle of the current year, when UAB Lietuvos Dujų Tiekimas and AB Achema ordered a considerable amount of the LNG terminal's capacities”, comments Mantas Bartuška, General Director of AB Klaipėdos Nafta.

    The potential users of the LNG terminal can reserve capacities at any time. The rules of the use of the LNG terminal provide for flexibility, which allows gas importers to use the LNG terminal expeditiously in ordering the terminal's capacities and coordinating supply schedules.

    “It is obvious that the terminal's users see that the LNG infrastructure creates real price competition between natural gas supplied by trunk gas pipelines and LNG supplied from the terminal. It is especially important to mention that the rules of the use of the LNG terminal are unique – they create the possibility for different users to respond and to accept additional quantities from different suppliers expediently and within an especially short time”, said Bartuška.

    According to Bartuška, the LNG terminal provides an excellent opportunity for potential suppliers to use the advantage offered by the open access terminal and to supply gas to the Baltic region that is to Lithuania and Estonia, and after actually gas market open to Latvia.

    The company will keep on announcing on its website and updating information on available LNG terminal's capacities that can be acquired during the current gas year, which lasts from 1 October 2016 to 30 September 2017.

    As was already announced, in the new gas year, the LNG terminal operated by AB Klaipėdos Nafta has two reliable users: capacities have already been reserved by UAB Lietuvos Dujų Tiekimas and also UAB Litgas which reserved capacities from 1 October 2016 to 30 September 2017 and intends to regasify 3.602.216.638 kWh of natural gas.

    The State owns 72.32 percent of Klaipėdos Nafta shares.

     




2019 August 24

15:44 Vattenfall inaugurates Scandinavia’s largest offshore wind farm
14:42 Eastern Shipbuilding delivers the CAPT. JIM McALLISTER with a USCG Sub-M COI to McAllister Towing
13:26 Gulf of Mexico Lease Sale yields more than $159m in high bids, continues Upward Trend Under Trump Administration USDoI
11:38 Grieg Star takes delivery Supramax vessel the Star Damon
10:58 DNV GL launches renewables certification operations in U.S.

2019 August 23

18:36 Bridge parts transported for second Theemsweg route bridge
18:06 CMA CGM announces GRR from Asia to East and South Africa, Indian Ocean
17:55 Onezhsky Shipyard launches TSHD Yury Maslyukov
17:36 First CLEANBU wet-dry cargo switch with significant positive environmental impact
17:20 Atomflot and Baltiysky Zavod sign agreement on construction of fourth and fifth nuclear-powered icebreakers of Project 22220
17:05 CMA CGM announces FAK rates from Asia to the Middle East Gulf
16:45 MPI Resolution started blade repair campaign in offshore wind farm
16:35 PIL’s fleet attains Environmental Ship Index (ESI) certification
16:05 Botlek becomes Vopak's styrene hub
15:44 First-of-a-kind floating nuclear power unit Akademik Lomonosov leaves Murmansk for Pevek
15:23 CMA CGM will not use the Northern Sea Route
15:17 Vessel powered by ABB Azipod® propulsion reaches North Pole for the first time in history
15:13 NOVATEK’s Board recommends 1H 2019 dividend
14:47 PGNiG Group posts more than PLN 22.6bn in revenue for H1 2019
14:16 BC Ferries supports whale research at Galiano Island
13:52 Marsden Point, New Zealand tops BIMCO Terminal Vetting Report
13:29 Missile cruiser Marshal Ustinov entered Mediterranean Sea
13:08 Boskalis half year result 2019 tainted by offshore projects
12:34 Sevastopol Sea Port to be subsidized with RUB 54 million by municipal government
12:08 Bibby HydroMap commences second UXO survey for Vattenfall
11:40 Tests of unique replenishment system of Akademik Pashin tanker successfully completed
11:08 DP World Liège Container Terminal boosts eco-efficiency with Konecranes
10:55 Eesti Energia to use Klaipėda LNG terminal services
10:26 Hamburg, Germany to host 15th Arctic Shipping Summit on 4-5 December 2019
10:07 Bridge parts transported for second Theemsweg route bridge
09:53 Brent Crude futures price is up 0.1% to $55.98, Light Sweet Crude – up 0.01% to $55.35
09:34 Bunker market sees mixed price movements at the port of Saint-Petersburg, Russia (graph)
09:19 Baltic Dry Index is up to 2,118 points
09:07 Damen wins UX Design Award for Human Machine Interface for Tugs
08:35 MABUX: Bunker Market this morning August, 23
08:07 World’s largest all-electric ferry completes its maiden trip

2019 August 22

18:04 Australian Maritime College and KONGSBERG eye potential for VR training with renewed support program
17:39 Nordic Engineering sponsors roundtable meeting “Import Substitution in Russian Shipbuilding: Ambition and Reality”
17:04 DOF Subsea issues Financial Report for 2nd quarter of 2019
16:47 Karelia proposed construction of deep-water freight and passenger port Kem’
16:25 Bunker prices go down at the Far East ports of Russia (graph)
16:04 Navios Acquisition reports results for H1 2019
15:53 PJSC TransContainer reports its Financial Results under IFRS for 6M'2019
15:12 ReCAAP ISC has released Guidance on Abduction of Crew in the Sulu-Celebes Seas and Waters off Eastern Sabah
15:04 Essar Ports expects to meet 60 MT target for FY20
14:31 Höegh LNG announces interim results for the quarter and half year ended 30 June 2019
14:14 Peel Ports takes important step towards being Brexit ready
13:56 Yamal LNG shipped twenty million tons
13:35 Arctic block of Far East Investment and Export Agency headed by Dmitry Fishkin
13:13 Sea Machines successfully deploys industry’s first autonomous spill-response vessel
12:28 Fire onboard MV Pyotr Tchaikovsky kills one in Saint-Petersburg
12:13 Frontera Offshore and DOF Subsea join forces for the Subsea Construction and IMR Mexican market
11:31 Kalmar to enhance STS crane capabilities at EUROGATE Tanger
11:21 HELCOM publishes report on noise sensitivity of animals in the Baltic Sea
10:59 HELCOM gets a new Executive Secretary
10:35 Caterpillar Eurasia and Admiral Makarov University agreed on establishing a brand new up-to-date training center
10:10 Steps towards new treaty to protect marine biodiversity
09:38 Brent Crude futures price is down 0.41% to $60.04, Light Sweet Crude – down 0.38% to $55.47
09:20 Hapag-Lloyd announces changes of North Europe Mediterranean Express Service
09:13 Baltic Dry Index is up to 2,061 points