Shell to deliver LNG to commission Klaipėda reloading station

Shell to deliver LNG to commission Klaipėda reloading station


KN (AB Klaipėdos Nafta), an operator of oil and liquefied natural gas terminals, is set to receive LNG from Shell Western LNG B.V. (Shell) that will be used to commission its LNG infrastructure.

Shell will deliver and reload LNG from a small-scale LNG carrier into KN’s new tanks, this will begin the commissioning works at the LNG reloading station. It is estimated that the works will be completed in January 2018 when all of the five 1,000 m3 LNG tanks will be put into operation.

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The delivery is a first for Lithuania. It will also be the first LNG reload operation from a small-scale LNG vessel into a newly constructed onshore reloading station.

KN’s CEO, Mindaugas Jusius said: “Interest in the Baltic LNG market from one of the global energy market leaders means a new stage in the history of KN. Upon signing the LNG supply contract with Shell, one of the world’s largest gas trading companies, the LNG shipment will be delivered with a small-scale transportation vessel to Klaipėda seaport for the first time. Both the entry of a new international supplier and the opportunity for gas importers to purchase LNG at competitive prices are important for the developing LNG market in the Baltic States. A wider choice of supply for even a small purchase of LNG means an attractive price.”

For more information visit www.kn.lt

15th Aug 2017

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