Eesti Gaas signed a contract with the company Klaipedos Nafta, which operates the Klaipeda terminal in Lithuania, to start purchasing LNG via a floating terminal Independence in Klaipeda and transferring it to the natural gas network.
Margus Kaasik, member of the board of Eesti Gaas, says that purchasing natural gas via the floating terminal is a strategic step which has been a part of long-term planning.
“For us, this means access to the global market while our clients will get better prices because there are more supply sources now,” Kaasik noted.
Previously, Eesti Gaas purchased LNG from the small-scale LNG terminal based in Klaipeda and transported it to Estonia by trailer trucks. The new contract aims to direct the LNG being purchased to the gas network in order to supply pipeline gas clients, including those in Finland.
Eesti Gaas signed a contract concerning the deliveries of LNG through the small-scale terminal based in Klaipeda in late 2017. Over two years, 2600 tonnes of liquefied natural gas have been purchased in Lithuania. Beside Lithuania, Eesti Gaas delivers natural gas and LNG from Russia, Latvia, Finland and Poland.
In foreign markets in Finland, Latvia and Lithuania, the company uses the Elenger trademark.
Source: Eesti Gaas