Free Trial

Restart of Ammonia Plant in Lithuania Lifts Gas Demand by 30%

NATURAL GAS

Lithuania’s Achema restarted its second ammonia unit at the Jonava site last week, which lifted the country’s gas consumption by more than 30% since the restart, the country’s energy agency said, according to Argusmedia.

  • The unit has a gas consumption capacity of 42GWh according to previous urgent market message postings.
  • Lithuanian demand had already increased sharply in previous weeks — it was running at 49 GWh/d on 21 September-2 October, up from 35 GWh/d on 1-20 September, according to TSO Amber Grid. This might reflect the end of maintenance at Achema's other Jonava ammonia unit earlier in the month.
  • Achema had previously planned to ramp up production in June. The facility accounted for 55% of the country’s gas production in March 2018 until December 2021.
  • This is the second ammonia producer in the past week to announce a restart in eastern Europe, after Romania's Azomures said it would increase production to 50% of capacity in October.
  • Several European ammonia producers curtailed or shut production since September 2021 for periods of time due to rising natural gas feedstock prices.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.