Lithuania signs first deal to buy US natural gas

The state-owned energy trading firm Lietuvos Duju Tiekimas said it signed the deal with the Texas company Cheniere Energy.

Lithuania signs first deal to buy US natural gas

World Bulletin / News Desk

Lithuania said Monday that it had signed its first deal to buy liquefied natural gas (LNG) from the United States as the Baltic EU nation moves to reduce its reliance on Russia's Gazprom.

"We hope the first shipment of US LNG will arrive in the second half of August," spokesman Paulius Jakutavicius told AFP.

Lithuania opened a floating LNG terminal on its Baltic Sea coast and started importing gas from Norway's Statoil in 2015, weakening Moscow's grip on gas deliveries to the Baltic states.

Energy minister Zygimantas Vaiciunas hailed the deal for US deliveries as a "historic moment" that would help ensure competitive energy prices for the country of 2.8 million people.

Neighbouring Poland, which is also seeking energy independence from Russia, received its first LNG delivery from Cheniere this month at its own terminal in Swinoujscie on the Baltic coast.


Güncelleme Tarihi: 26 Haziran 2017, 15:54