First US gas shipment to Baltics to be stored at Inčukalns

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Lithuania's natural gas supply and trade company Lietuvos Duju Tiekimas (Lithuanian Gas Supply, or LDT) has signed a contract with Cheniere Marketing International and purchased a liquefied natural gas (LNG) cargo from the US company, LETA reported on June 26.

A tanker is expected to deliver around 140,000 cubic meters of LNG to Lithuania in the second half of August.

It is planned that the LNG cargo will come from the US, but the exact country of origin will be known after the LNG tanker leaves for Klaipeda, LDT spokesman Paulius Jakutavicius told BNS.

This would mark the first shipment of US LNG to Lithuania.

"I would call it, with confidence, an historic moment. This shows that Lithuania can import gas from around the world and offer it to the entire region at a completive price," Lithuanian Energy Minister Zygimantas Vaiciunas said in a press release on Monday.

"It is also an historic moment in that the LNG delivered via Klaipeda is planned to be stored at the Inčukalns natural gas storage facility in Latvia, which only a few months ago liberalized its gas market," he said.

LDT earlier this year purchased some LND from Koch Supply & Trading, another US company, but the gas was shipped to Klaipeda from Norway, not from America.

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