• 2021 June 9 13:45

    Klaipėda LNG terminal to be used by an energy giant

    KN has completed the annual procedure of allocating LNG terminal capacity for the new gas year

    KN (AB Klaipėdos Nafta), the operator of oil and liquefied natural gas (LNG) terminals, says it has completed the annual procedure of allocating LNG terminal capacity for the new gas year. Customers, including the Norwegian energy company Equinor ASA, will use the pre-ordered 8.9 TWh LNG terminal regasification capacity during the gas year starting on October 1, 2021.

    Last year, 8.4 TWh was distributed during the annual capacity allocation procedure, and additional 12.3 TWh of natural gas was ordered during gas year.

    ‘This year, the activities of Klaipėda LNG terminal will be more intensive than ever - during this capacity allocation procedure, the largest number of capacities in the entire history of the LNG terminal was ordered. Not only the existing customers, but also the Norwegian energy company Equinor, which is planning to support its operations in the Baltic Sea region, have decided in advance to use the services and benefits of the LNG terminal. We’re happy that KN’s goals of increasing the competitiveness of the LNG terminal in the region, strengthening cooperation with existing and potential customers, and offering flexible technological and planning solutions are now bearing fruits and attracting new strategic partners’, says Mindaugas Navikas, Chief Sales Officer of KN.

    Mindaugas Navikas draws attention to the trend that continues to be observed for several years now - the LNG terminal has the opportunity to flexibly respond to relevant market changes and adjust reloading and regasification needs accordingly at the terminal, and its customers actively make use of these benefits. Due to the constantly changing prices of natural gas in the global and European markets, the terminal’s customers more often choose to purchase LNG cargo from the spot market and order the necessary capacity during the course of the gas year. It is estimated that in the gas year of 2021 alone, the volume of regasification of spot cargoes will be twice as high if compared to the pre-ordered capacities.

    Terminal users ordered capacity not only to meet Lithuania’s demand for gas, but also to supply it to Latvia, Estonia and Finland. While planning their activities, customers also take into account the additional market potential that will open up in 2022, the GIPL gas pipeline connection between Poland and Lithuania will start operating and Klaipėda LNG terminal users will be able to supply gas to the southern part of the region.

    During the current gas year of 2021 (that lasted from October 1, 2020, to June 1 of this year), 49 LNG carriers have been accepted at the LNG terminal (compared to 50 in the same period of the previous year), and another 11 LNG carriers are expected by the end of the gas year. During this period, 2 million m3 of LNG have been brought to Lithuania, most of which came from the USA.

    The company allocates capacity in accordance with the Regulations for the Use of the LNG Terminal agreed, approved and made public by the National Energy Regulatory Council and CEO of the company. During the LNG terminal capacity allocation, LNG regasification capacity and LNG reloading capacity were allocated in advance.

    The total amount of LNG terminal capacity to be allocated is 3.75 billion nm3 or 44,625,000 MWh per year, applying a natural gas gross calorific value of 11.90 kWh/nm3.

    The gas year of 2022 will begin on October 1, 2021, and last until September 30 of next year.

    The company regularly updates its website with information on the available capacity of the LNG terminal, which can also be ordered during the gas year.




2021 August 4

18:27 CTRL Marine Solutions announce their acquisition by Campbell Johnston Clark
18:07 IMCA signs Gulf of Guinea Declaration on the Suppression of Piracy
17:46 Shipyard OKA launches the Alexander Ivanov, ninth dry cargo ship of RSD59 series
17:36 PSA & Samudera strengthen strategic partnership in cargo solutions and logistics
17:16 KMZ supplied water jet ejectors for a new small sea tanker of project 03182
17:15 Iridium announces partnership with Canadian Coast Guard
16:20 Port of Tanjung Pelepas jumps to 15th in world ranking
16:05 DNV and Nakilat JDP works to improve vessel software reliability and quality
15:41 Kawasaki Heavy Industries, Yanmar Power Technology and Japan Engine Corporation establish a new company HyEng Corporation
15:36 Akhtarskaya Shipyard launches RS "Chernomorets"
15:27 Registration to Development of Icebreaking and Support Fleet Int'l Conference still underway
14:43 KhMAO-Yugra to take delivery of Meteor 120R hydrofoil duo in 2021-2022
14:11 ClassNK grants its first DSS notation for 211,000DWT bulk carrier “DREAM CLOVER”
13:59 ”K” LINE and Chubu Electric Power commence joint development agreement for tidal energy project in Canada
13:40 Vostochnaya Verf completed shipyard's sea trials of the Okhotsk
12:06 LORP fleet carried 670 000 tonnes of cargo since the start of this year shipping season
11:09 Western Australia looks to implementing stricter controls
10:09 Konecranes adds Wire Rope Monitoring to TRUCONNECT portfolio
09:59 Crude oil prices edging down on coronavirus-related restrictions
09:53 Baltic Dry Index as of Aug 3
09:29 Inland waterways Azov-Don basin’s seven-month cargo volume edges up 1%
09:21 ICTSI Honduras, Big Creek Terminals ink mutual benefit pact
08:21 MABUX: Global bunker prices may continue slight downward trend on Aug 04

2021 August 3

18:17 Iridium Connected® Viettel S-Tracking Vessel Monitoring System wins Top 10 Sao Khuê Award
17:59 Lead passenger ship Meteor 120R of new generation launched in the Nizhny Novgorod Region
17:25 A subsidiary of KCC has signed a new Contract of Affreightment for its CLEANBU fleet with a major international charterer in the tanker market
16:47 Petersburg Oil Terminal obtains permit for construction of its new handling facility
16:24 Nigerian Chamber of Shipping becomes full ICS member
15:22 Vard delivers “Le Commandant Charcot” to Ponant
15:00 Bunker sales at Vladivostok port in 7M’2021 fell by 30% YoY
14:41 Construction of new facilities to commence at Onezhsky Shipyard in autumn 2021 года
14:23 CMA CGM announces PSS for cargo bound for East Russia
13:42 The Panama Canal resumes seasonal measures to protect migrating marine life
13:12 CMA CGM announces THC for Novorossiysk, Russia import/export
12:57 ABP’s Ports of Ipswich and Ayr enable wheat cargo to be shipped more sustainably
12:22 Wärtsilä to provide efficient service support for Brazilian river tugs despite challenging operating conditions
11:59 MOL to build series of 4 LNG-fueled car carriers
11:58 FESCO starts seasonal delivery of cargo from ports of China and the United States to Chukotka
11:36 Finnlines announces adjustment of bunker surcharge in its own container traffic
10:54 Baltiysky Zavod shipyard casts third one-piece propeller for Project MR-50 product tankers
10:30 Tallink Grupp published its statistics for July 2021
10:09 Maersk raises full-year guidance
09:57 Oil prices decrease amid coronavirus related restrictions
09:41 Baltic Dry Index as of August 2
09:23 Yaroslavsky Shipyard launches non-self-propelled dredging ship of Project RDB 66.42М
09:08 Japan’s Ministry of Internal Affairs and Communications gives the green light to Iridium services
08:58 MABUX: Global bunker prices may drop on Aug 03 following sharp decline on crude market yesterday
08:09 The largest water-rail intermodal terminal of the Yangtze River starts operations

2021 August 2

19:09 Seven dredging ships deployed for operation on Sea Canal in the Gulf of Ob
18:35 LR unveils key appointment for its Maritime Performance Services business
17:54 CMA CGM announces PSS for cargo from the Middle East Gulf to North Europe, Scandinavia, Poland, Baltic, West Med & Adriatic, East Med, Black Sea, North Africa & Morocco
17:46 LUKOIL announces new oil finding in Sayulita prospecting area of Block 10 offshore Mexico
17:30 CMA CGM has announced PSS for cargo from India to North Europe & the Mediterranean
17:28 CMA CGM announces PSS for cargo from North Europe, UK, Scandinavia, Poland & North Spain to Colombia Atlantic & Dominican Republic
17:27 Large hydrographic survey vessel of Project 23370G, Grigory Shadrin, launched in Murmansk
17:23 CMA CGM to launch a new Express Shuttle service linking East Asia to Russian Far East
17:05 Sri Lanka Ports Authority successfully reworks leaked chemical container on board
16:54 Rhenus Group plans to acquire the Polish freight forwarding and logistics company C. Hartwig
16:30 Sea Port of Saint-Petersburg enhanced its environmental safety
16:03 Maersk’s digital logistics platform Twill increases its presence in Gdansk