Operation of Klaipėda LNG Terminal – most efficient since its launch

In the first half-year of 2019, KN LNG regasification and reloading at Klaipėda LNG Terminal reached 6.4 million MWh (4.7 million MWh in July-December 2018, 4.5 million MWh in the first half-year of 2018).

The favourable situation in the international gas markets has been determining the highest operative efficiency of the LNG Terminal in the last months of the first half-year of 2019 since the launch of its activities. In first half-year, Klaipėda LNG Terminal accepted 15 LNG carriers (5 LNG carriers in the first six months of 2018), which brought 402 thousand tons of liquefied natural gas (300 thousand tons in the first six months of 2018). The successful first half-year of LNG Terminal operation in Klaipėda can be also witnessed by an agreement signed with the third user of Klaipėda LNG Terminal, i.e. UAB Imlitex. The capacities of the LNG Terminal have been fully booked until October, which marks the end of the current gas year.

After the Seimas passed a decision at the end of last year with regard to acquisition of a storage-vessel after 2024, KN plans to ensure long-term LNG import to Lithuania, with optimum distribution of the terminal costs throughout the period from 2019 until the end of 2044. Among other KN goals for 2019, there is a goal to contribute to the reduction of LNG Terminal maintenance costs with respect to all gas consumers until the end of this year. The best alternative of performance efficiency improvement has been selected – clarification of the LNG Terminal operation by transferring operations regulated by the LNG Terminal to the subsidiary UAB SGD terminalas. According to Jonas Lenkšas, despite the adjusted plan, KN’s management expects to implement necessary decisions to achieve the said goal.

Read more: www.kn.lt