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    Reuters: Lithuania Considers Re-Exporting LNG as Russian Gas Gets Cheaper

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Summary

The operator of Lithuanian LNG terminal Independence is considering re-exporting gas in the summer as local demand falls and Russian gas gets cheaper

by: Erica Mills

Posted in:

Press Notes

Reuters: Lithuania Considers Re-Exporting LNG as Russian Gas Gets Cheaper

Lithuania is considering allowing its liquefied natural gas import terminal to re-export LNG to global markets during summer when local demand declines, the facility's operator said on Monday.

The Independence terminal, which opened last year, was built to reduce Lithuania's total reliance on pipeline supplies from Russia's Gazprom, by giving it access to global LNG supplies.

Read the full article HERE.