Page 16 - GLNG Week 29 2020
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       Lithuania’s Klaipeda LNG reports a




       48% increase in terminal use in 1H20





        PERFORMANCE      THE use of Lithuania’s Klaipeda LNG terminal  market, when many European gas storage facili-
                         went up by 5 percentage points (pp) to 48% in  ties are maximally filled and the cargos of the US
                         the first half of this year compared to the same  producers were available to market participants
                         period of 2019, with the terminal’s operational  at attractive prices.
                         efficiency steepening for the second consecutive   During the current gas year, lasting from
                         year.                                October 2019, 49 gas vessels arrived at the LNG
                           Klaipedos Nafta (Klaipeda Oil), operator of  terminal as of July 1, and another 21 gas vessels
                         the Klaipeda LNG terminal, says 35 LNG vessels  are expected by the end of the gas year, according   Of all the six US
                         were moored in Klaipeda port in January-June,  to Klaipedos Nafta. During this period, 2.4mn
                         which is the highest number since the start of the  cubic metres of LNG or 15.2 TWh of natural   LNG shipments
                         terminal’s operation in 2014.        gas were delivered through the Klaipeda LNGT
                           “That’s almost double from the first half of last  when the total consumption of natural gas in   delivered to
                         year when gas supply from the terminal made  Lithuania during this period was 17.3 TWh –
                         43%. Obviously, having compared the global  more than 87% of the natural gas was supplied   Klaipeda LNG
                         prices of pipe-supplied and LNG prices, import-  through the LNG station.  during its six-year
                         ers decided to buy more of the latter,” Jurgita   The Klaipeda LNG terminal looks forward to
                         Silinskaite-Vensloviene, acting director of com-  launching the gas connection GIPL with Poland   history, notably
                         merce at Klaipedos Nafta, is quoted as saying.  in 2022, which will be a competitive tool to
                           Around 60% of the LNG came from Nor-  supply LNG to Ukraine, Belarus and other EU  four came to the
                         way, 26% was supplied from the US, and gas  Eastern Partnership countries that see the per-
                         shipments brought by small vessels from Russia  spectives of LNG use in industry, transport and   port this year.
                         made up the rest.                    other sectors.
                           Of all the six US LNG shipments delivered to   In early June, Klaipedos Nafta allocated
                         Klaipeda LNG during its six-year history, nota-  LNG terminal capacities for the new gas year.
                         bly four came to the port this year, Klaipedos  Two customers, Ignitis, Lithuania’s state-con-
                         Nafta said. The US has moved to third place as  trolled energy company, and fertiliser producer
                         Europe’s biggest supplier of LNG.    Achema, have signed agreements for the regasi-
                           Arunas Molis, CEO of Klaipedos Nafta, said  fication capacity of 8.4 TWh of LNG. As a com-
                         that the intensification of US LNG imports was  parison, 5 TWh was allocated during last year’s
                         due to an extraordinary situation in the LNG  annual capacity allocation procedure.™



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