Liquefied natural gas (LNG) regasification volumes at Lithuania’s first and only import terminal in the port of Klaipeda reported mixed results for the first month of the year. Klaipedos Nafta, the terminal operator, published its monthly report according to which the facility regasified and reloaded 0.47 Twh of natural gas, 79.1% above the 0.26 TWh in the same month in 2018.
Specifically, the preliminary sales from the regas and reloading activities from Höegh LNG’s FSRU Independence decreased by 16.4%, in comparison to January 2018.
Moreover, sales and revenue decreased, reaching the 5.6 million euros, in comparison to the same month in 2018 that the sales were to 6.7 million euros.
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Klaipedos Nafta noted that the revenue for January 2018 was higher because of adjusting the actual booked gas capacities for 2017. Adjustment for actual gas capacities for 2018 are not calculated and has not been recorded yet.
Concluding, Lithuania’s terminal expects to double its LNG volumes after the openin gof gas pipelines to Poland and Finland in 2021. The pipeline aspires to turn the Baltic Port into a regional hub.
