Lithuania Receives First LNG From The United States

Claudine Rigal
Août 22, 2017

Lithuania received its first shipment of liquefied natural gas from the United States on Monday, as countries in the region seek to reduce their reliance on Russian Federation for energy imports.

Russia's annexation of Crimea in 2014 has spooked the Baltic states, once ruled from Moscow but now members of both North Atlantic Treaty Organisation and the European Union.

The government estimates it will import half of its gas consumption in 2017 as LNG, mostly from Norway's Statoil.

In June, Lithuania's state-held gas trader Lietuvos Duju Tiekimas signed a deal with Cheniere Marketing International to buy LNG directly from the USA, adding to the growing list of customers of America's LNG cargoes.

A tanker carrying U.S. LNG docked yesterday at the Lithuania's floating LNG terminal at Klaipeda.

Lithuania's Minister of Foreign Affairs, Linas Linkevicius, tweeted on Monday that the USA and Lithuanian partnership was growing stronger and the first LNG shipment from the "crucially important for whole region".

"It intensifies competition among gas suppliers to the region which would guarantee better prices for consumers from Lithuania and the entire region", Vaiciunas was quoted as saying in an announcement.

While Russia is undermining the U.S. shipments to Europe, Lithuania is Central and Eastern Europe's second country to have received U.S. LNG cargo after Poland.

The LNG is destined for supplies in Lithuania, Latvia, and Estonia. During his visit to Poland in July, Donald Trump stressed in his speech that U.S. gas exports to the continent would increase.

"Since it has been delivered to Klaipeda LNG terminal, it automatically means that it is cheaper than the gas we receive via pipelines, which is from Gazprom", Vaiciunas told LRT earlier on Monday. Off-topic, inappropriate or insulting comments will be removed.

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