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Lithuanian operator AB Klaipedos nafta (KN) offered FSRU Independence regas capacity for the year 2024

AB Klaipedos nafta (KN), a Lithuanian LNG Terminal Operator, has offered FSRU based LNG terminal capacity on annual basis for the year 2024. The FSRU based terminal Hoegh Independence is being operated by Hoegh and located at permanently moored to a jetty, located in the Curonian Lagoon at the Southern part of Port of Klaipeda.

KN has offered terminal capacity equivalent to six normal size cargoes for the gas year 2024. KN has announced 1.83 euro per MWh as LNG regasification service charges for the year 2024.

Applications for Annual LNG regasification capacity will be accepted from July 6, 2023, at 13:00 until July 20, 2023, at 13:00 EET.

Hoegh had supplied FSRU Independence to Lithuania in 2014, helping the Baltic state gaining freedom from the Russian piped natural gas.

In October last year, KN had announced its decision to acquire the Hoegh FSRU Independence from Hoegh LNG. The transfer of ownership is expected to occur in December 2024. Hoegh will continue to remain operator of the terminal until the transfer takes place. The purchase contract should be concluded no later than December 2024.