Litgas optimistic about importing LNG from the US to ensure energy security

  • 2015-07-02
  • By TBT Staff and newswires
VILNIUS - Liquefied natural gas (LNG) from the United States can provide security due to its pricing as the US companies offer a fixed price, which is not linked to any indexes, for a period of 20 years, CEO of Lithuania’s gas trader Litgas has said. Dominykas Tuckus admits that LNG from the United States would now be more expensive than gas supplied by Russia’s Gazprom yet this trend may reverse in the future. The first trial shipments from the United States should reach Europe in December and commercial shipments – in the middle of 2...
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