The Klaipėda (Lithuania) liquefied natural gas (LNG) terminal, operated by KN (AB Klaipėdos Nafta) expects to receive LNG cargo from Egypt, the ‘Idku’ natural gas liquefaction plant to reach Klaipėda Seaport for the first time. KN says the LNG carrier ‘LNG Fukurokuju’ is expected to deliver approx. 138,000 cubic metres of LNG.
After the planned maintenance and repair works, the LNG terminal, which has successfully resumed operations on May 1st, expects to receive cargo from Egypt on May 7th. The LNG carrier ‘LNG Fukurokuju’, built in 2016 and currently sailing under the flag of Bahamas, will visit the Klaipėda Seaport for the first time and also deliver the first ever cargo from Egypt to Lithuania.
‘As the prices of LNG are still high in Asia, a large part of cargo from Europe is diverted exactly there by taking advantage of the spot market opportunities, and a certain new-found niche is filled by Egypt, which has been less visible on the map of European LNG suppliers so far.