VILNIUS - Lithuania is in talks with Norway's Statoil over possible liquefied natural gas (LNG) supplies for the gas terminal in Klaipeda, the Lithuanian Energy Ministry said.
Gas tankers from Statoil's Snohvit export terminal would reach Lithuania's Klaipedos Nafta terminal within five days, which is an attractive alternative because of lower transportation costs, the ministry said today. Klaipedos Nafta, which is 70.63 percent owned by the state, plans to begin operations at a floating LNG terminal at the end of 2014.
The company is also in talks with other potential gas suppliers such as the State Oil Company of Azerbaijan, known as Socar, Spain's Gas Natural Fenosa and Cheniere Energy Inc of the U.S.
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