Lithuania receives first LNG from the US

Reuters are reporting that Lithuania received its first spot shipment of LNG from the US on 21 August. In June 2017, Lithuanian state-owned trader Lietuvos Duju Tiekimas signed a deal with a unit of Cheniere Energy, its first direct import of LNG from the US.

The LNG tanker from Sabine Pass in the US moored in Klaipeda port on 21 August. The LNG is for clients in Lithuania, Latvia and Estonia. More LNG supplies to Lithuania from Cheniere are expected in 2018.

Gas prices in Lithuania dipped in 2014 as it opened the LNG terminal, ending the gas supply monopoly of Russia’s Gazprom.
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