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    Lithuania calls tender to buy FSRU

Summary

KN plans to begin the selection process this year.

by: Joseph Murphy

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Lithuania calls tender to buy FSRU

Lithuania's Klaipedos Nafta (KN) called a tender on July 9 for the purchase of a floating storage and regasification unit (FSRU) to serve at its LNG import terminal in Klaipeda.

The infrastructure operator said it could decide to buy the FSRU Independence that it currently charters from Norway's Leif Hoegh & Co, or opt for another vessel. KN plans to begin the selection process this year, the company said, noting it would use legal, technical and commercial experts to help it make a choice.

The 2.7mn metric ton/year Klaipeda LNG terminal was opened in 2014, and provides gas not only to users in Lithuania but also in Latvia, Estonia and Finland, helping the region reduce its reliance on Russian gas. KN reported in June that companies had booked a record amount of regasification capacity at the terminal for the gas year starting October 1, 2021.