Europe: Klaipeda LNG Terminal Back in Operation as Port Authority Announces Investment for Expansion Plans
04.20.2020 - NEWS

April 20, 2020 [Bunkerspot] – The Port of Klaipeda has reported that the LNG floating storage and regasification unit (FSRU) Independence is now back in action at its usual location after the dredging works carried by Jan De Nul finished ahead of schedule.

 
Darius Silenskis, Managing Director of Klaipedos Nafta (KN) commented: ‘We are happy that all the technical inspection works scheduled for temporary removal of the LNG vessel were carried out smoothly and on time. The floating storage and regasification unit Independence returned to its usual location by the island of Kiaules Nugara at weekend and it was reconnected to gas-supply system and gas-transmission equipment.’

Dredging works are continuing in other areas of the port.

Meanwhile, the Nordic Investment Bank (NIB) and Klaipeda State Seaport Authority have signed a credit contract for 19 years intended to renew infrastructure in Klaipeda Port.

According to the Port Authority: “The granted financing will cover investments up to 68 million euros into reconstruction of the port’s quays. It is planned in the project to expand the quays and to deepen the ship canal so that larger vessels could enter the port. The possibility to receive large vessels will increase significantly productivity of the port and its operators. It is expected that the project’s implementation will increase annual stevedoring capacity by 19,1 million tons or by 29% of current capacity.”

————-

Click Here to Access Today a 4,900 Tank Terminal Database With a Pro Trial
Click on the button and register to get instant access to actionable tank storage industry data