Klaipedos Nafta, Port of Helsingborg in LNG infrastructure deal

Lithuania’s Klaipedos Nafta on Wednesday signed a deal with the port of Helsingborg to cooperate on the HEKLA – Helsingborg & Klaipeda LNG infrastructure facility deployment project.

According to this agreement, Klaipedos Nafta acquires the right to use the financial support of EUR 6 million of the Connecting Europe Facility (CEF) part of the EU financing program, approved by Coordination Committee for the construction of its liquefied natural gas onshore reloading station.

The construction of the LNG reloading facility is expected to start at the end of 2015 or early 2016, when a deal with the contractor is signed, the company said in a statement. Currently, Klaipedos Nafta is pending initial proposals from potential contractors.

The operations at the Klaipedos Nafta’s liquefied natural gas reloading station are expected to start at the beginning of 2017.

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LNG World News Staff; Image: Klaipedos Nafta