Lithuanian operator of oil and liquefied natural gas (LNG) terminals AB Klaipėdos Nafta (KN) has signed a memorandum of understanding (MoU) with Belgium’s Fluxys to collaborate on the development of small-scale LNG projects and infrastructure in Europe.
‘The memorandum will enable the companies to be more pro-active both in the Baltic Sea Region and beyond. Klaipėda will become an active LNG distribution centre in the LNG supply chain in the Nordic countries and Europe as a whole,” said Lithuanian Minister of Energy Žygimantas Vaičiūnas .
As highlighted by Mindaugas Jusius, CEO of KN , Belgium is very advanced in the field of LNG and the Zeebrugge LNG terminal has developed into a first-mover LNG distribution hub.
“Belgium‘s experience is very valuable for the implementation of a small-scale terminal in Klaipėda as an efficient LNG hub performing regional functions, as a number of key elements – the port LNG infrastructure, the mainland LNG infrastructure and the market have to be linked together into a cohesive system,” the company said.
The MoU was signed as part of a visit of a Lithuanian energy delegation to Fluxys’ Zeebrugge LNG terminal and its small-scale LNG facilities in Belgium.