Construction, Energy, Gas, Lithuania, Transport

"Everything seems to be according to the plan. Last week, envelopes were opened over the purchase of the so-called regasification facility, ship. Three bids were received, procedures have been launched. The deal is expected to be finalised by January or February next year and the construction will start," the chancellor of the Office of the Prime Minister, Deividas Matulionis, said after the commission's sitting.

The names of the bidding companies have not been disclosed, neither the preliminary price, reports LETA/ELTA.

"At the moment, we cannot say that as we must keep a competitive advantage. All I can say is that these are very serious companies that have most experience with such projects worldwide," the head of the Lithuanian majority state-owned oil terminal Klaipedos Nafta, Rokas Masiulis, who is in charge of the project.

Klaipedos Nafta has said it aims to lease a floating storage and regasification unit (FSRU) of at least 130,000 cubic metres of LNG under long-term contract or acquire it under a build-operate-transfer transaction.

Lithuanian majority state-owned oil terminal Klaipedos Nafta has received three proposals to supply it with an offshore liquefied natural gas (LNG) terminal, the company said on Wednesday. The U.S.-based Cheniere Energy, which wants to supply Lithuania with LNG, was reported in May to have expressed interest in taking a part in the Lithuanian terminal project. The Government hopes that the LNG terminal, estimated to cost about a billion litas, would help to cut energy dependence on Russia's Gazprom, now the sole supplier of gas to Lithuania, and reduce prices it pays for gas.