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International Internet Magazine. Baltic States news & analytics Friday, 29.03.2024, 08:54

Estonia's JetGas eyes expansion possibilities in Lithuania

BC, Vilnius, 27.10.2016.Print version
stonia's liquefied natural gas supplier JetGas sees the possibility of gaining grounds on the Lithuanian market next year. The company's board member Janek Parkman told BNS that the company was interested in both construction of LNG stations in Druskininkai and industrial gas supplies in Rokiskis and Kelm, company's board member Janek Parkman told LETA/BNS.

"Absolutely we are interested in expanding our bussiness and we would be happy to look at any project in Latvia and Lithuania. (...) We explored a little bit the situation in Druskininkai but no decisions have yet been made. I wouldn't like to comment it further," said Parkman.

Druskininku Silumos Tinklai (Druskininkai Heating Grid), the municipal company of the Lithuanian southern resort city, earlier this week took over the gas networks from Druskininku Dujos (Druskininkai Gas) that is going out of business, therefore, Mayor Ricardas Malinauskas told  that a decision on the station was yet to be made, as the city was considering imports of cheaper gas via Belarus.


In Parkman's words, the company's main interests in Lithuania includes expansion of gas supplies to industrial companies that are not connected to gas pipelines in an effort to help them transfer to the fuel. However, he did not rule out entering the transport sector in Lithuania.


"Our core competencies are in off-grid industries. We could switch form LPG, from diesel, from heavy fuel oil to natural gas. (…) We know it very well how to do it. But the interesting prospects seem to be in Lithuania in the transport sector. I know that Lithuania in Baltics is much more developed than any other, you are selling much more CNG than in Estonia. And as far as we understand, there are future plans of different municipalities to expand further and LNG could be a good solution for it," he added.


The JetGas representative said conversations had been started with a number of companies but refused to identify them. In his words, the JetGas' main focus was on cities, such as Rokiskis and Kelme, which do not have master gas pipelines.


JetGas and Klaipedos Nafta (Klaipeda Oil) , the operator of the Lithuanian LNG facility, last year agreed on reserving capacities of a distribution station, which is still under construction. In Parkman's words, JetGas' expansion in Lithuania will depend on the construction of the station.






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