Gas, Gas Market , Good for Business, Lithuania

International Internet Magazine. Baltic States news & analytics Wednesday, 24.04.2024, 11:12

Volume of natural gas transported by Lithuania to other countries doubles this year

BC, Vilnius, 19.10.2020.Print version
Lithuania has this year transported 7.8 terawatt hours (TWh) of natural gas to the other two Baltic countries and Finland, twice as much as last year, Amber Grid said.

Lithuanian gas transmission system operator Amber Grid transported nearly 26 terawatt-hours (TWh) natural gas, excluding gas transmitted to Kaliningrad, through Lithuania to Baltic Region consumers in January-September, 2020. It is 17.6% more than in 2019, when 21.2 TWh natural gas was transported into Lithuania during the same period. Gas consumption in Lithuania was also growing. 
 
Growing volumes of Amber Grid services were mainly induced by highly increased gas flow in Nordic direction to other Baltic States and Finland this year. The gas transmitted to the above-mentioned countries accounted for 40% of the total gas consumption in Lithuania. Amber Grid transported two times more gas (7.8 TWh) into the Baltic States and Finland than last year via the well-developed Lithuanian gas transmission infrastructure. The Estonian-Finnish gas link Balticconector put into operation this January had a significant impact of the growth. 

'Well-developed and reliable Lithuanian gas transmission system, the LNG terminal in Klaipėda that created gas supply alternative for the whole region and the new link with Finland determine transformation of gas flows. Market participants are given an opportunity to benefit from in particular favourable gas prices on the international market this year. With the flows mainly oriented from the East direction in the past, today a Nordic corridor is operating effectively, through which gas transported to Klaipėda LNG terminal continues its smooth travel to Latvia, Estonia and Finland. With the GIPL interconnection launched, we will develop a South-North corridor for transmitting gas from Poland to Lithuania and the Baltic States and back', said Amber Grid Commerce Director Vytautas Ruolia.

Nearly all gas - 7.6 TWh, transmitted to the Baltic States and Finland this year, was transported during warm period of the year. Record volume of gas was transmitted to the Baltic States in August, when monthly flow to the Baltic States was 2 TWh, which is nearly the same volume that was transmitted in the same direction throughout 2018. 
 
Use of Klaipėda LNG terminal for gas supply to the region is continue growing. In three quarters of the year, Klaipėda LNG terminal supplied 63.7% of total gas imported into Lithuania, while gas brought from Belarus and Latvia via pipelines accounted for 36.3%. Volume of gas supplied via Klaipėda LNG terminal was nearly 40% bigger if compared with the same period of the last year. 
 
In three quarters of 2020, Lithuania consumed 17.7 TWh gas, or 5.7% more than during the same period last year. Smaller gas consumption caused by warmer winter in the beginning of the year was offset later by in particular favourable gas price, which encouraged Lithuania to generate electricity from gas. Throughout this period, the main power generating capacities of Lithuania generated 2.5 times more electricity from gas than during the same period last year. 
 






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