Ignitis secures long-term access to Klaipėda LNG terminal capacity
Summary by AI BETAClose X
Ignitis has secured long-term access to 4 TWh of annual regasification capacity at the Klaipėda LNG terminal from 2033 to 2044, following a capacity allocation procedure conducted by KN Energies. This agreement provides Ignitis with access to the global LNG market, enhancing flexibility in natural gas supply planning, diversifying sources, and strengthening energy resilience for Lithuania and the Baltic region.
Ignitis secures long-term access to Klaipėda LNG terminal capacity
UAB “Ignitis” has secured long-term access to capacity at the Klaipėda liquefied natural gas (LNG) terminal. This will provide access to the global LNG market and support greater flexibility in natural gas supply in the years ahead.
In the long-term capacity allocation procedure conducted by the operator of the Klaipėda LNG terminal, KN Energies, Ignitis booked 4 TWh of annual regasification capacity for the period from 2033 to 2044.
Long-term access to the terminal provides greater flexibility in gas supply planning, enables diversification of supply sources, and strengthens energy resilience in Lithuania and across the Baltic region.
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