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Lithuania LNG Expansion Receives Little Interest

LNG

Lithuania’s Klaipedia LNG expansion plans have not received much market interest, according to Dainius Sivickis, head of LNG business development at operator KN Energies, at the World LNG Summit in Athens.

  • The terminal is fully booked until 2033, but market participants are not ready to commit to longer term capacity from 2033-2044, he said.
  • KN analysed an increase in FSRU capacity and Klaipedia and determined that the results around market interest were negative.

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