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Marine Environment & Fuels

MOU signed to increase European LNG distribution

Lithuania-based AB Klaipėdos nafta, operator of oil and liquefied natural gas terminals has agreed a memorandum of understanding with Belgium-based Fluxys to develop small-scale LNG projects and infrastructure across Europe.

  • MOU will help companies become more proactive in the Baltic Sea Region and beyond.
  • Klaipėda, Lithuania, will become an active LNG distribution centre for Europe and Nordic markets.
  • According to Mindaugas Jusius, CEO at SC Klaipedos nafta, Belgium is advanced in the field of LNG and Zeebrugge’s LNG terminal has developed into a first-mover LNG distribution hub.

Read more on the press release.

Fathom-News
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