This is a legacy page. Please click here to view the latest version.
Tue 19 Dec 2017, 16:05 GMT

Eesti Gaas diversifies sourcing, eyes LNG terminal or bunker vessel


Inks accord with Klaipedos Nafta, plans LNG terminal or delivery barge to meet demand.



Estonia's Eesti Gaas has confirmed that it has inked an agreement with terminal operator Klaipedos Nafta for the delivery of liquefied natural gas (LNG) from Lithuania.

Eesti Gaas says it has already purchased 1,500 cubic metres of LNG from the Klaipeda-based firm. The first delivery took place last week.

Up until now, Eesti Gaas has been bringing in product mainly from Pskov in Russia, and also from Finland and Poland. The company says the contract with the Lithuanian terminal will further diversify its list of supply sources and enable it to provide LNG to more customers.

"We are very pleased to start cooperation with the Klaipeda terminal; it increases our security of supply and turns LNG into a more attractive and available energy source for our customers," said Eesti Gaas board member Margus Kaasik.

"Eesti Gaas has developed the best LNG delivery capability [in] the market. We are able to provide [a] proper service to [the LNG-fuelled ferry] Tallink Megastar and ensure volumes that are beyond the capabilities of small distributors," Kaasik noted.

The Estonian firm currently performs LNG bunker deliveries using its own fleet of trucks, and is able to supply to clients not only in Estonia, but in other nearby countries as well.

Looking to the future, CEO Ants Noot was cited by local media as saying that the company plans to build an LNG terminal or purchase an LNG bunkering vessel to carry out ship-to-ship supplies and meet what is expected to be a rise bunker demand for the alternative fuel.

Kaasik, meanwhile, said: "The role of LNG in transportation, particularly in maritime transport, as a fuel will grow in the following years; Eesti Gaas considers it an important keyword in shaping its business plans."


IBIA MFM bunkering training course graphic. IBIA announces new date for mass flow meter training course in Rotterdam  

Training scheduled for 12 May follows mandatory MFM implementation at Rotterdam and Antwerp-Bruges ports.

A Maersk vessel, pictured from above. Maersk and Hapag-Lloyd suspend Strait of Hormuz transits amid Middle East security crisis  

Container carriers reroute services around the Cape of Good Hope as military conflict escalates.

Map of Middle East. Operations continue as normal at most Middle East ports  

Most facilities operating normally, with exceptions in Bahrain, Oman and Saudi Arabia.

Photograph of the 93,000-cbm very large ammonia carrier (VLAC) Gaz Ronin. Naftomar takes delivery of 93,000-cbm dual-fuel ammonia carrier  

Gaz Ronin features a MAN dual-fuel engine with high-pressure selective catalytic reduction technology.

Aurora Botnia leaving harbor. AYK Energy completes world’s largest marine battery retrofit on Wasaline ferry  

Aurora Botnia receives 10.4 MWh battery system, bringing total capacity to 12.6 MWh.

Steel cutting ceremony for an LNG dual-fuel 307,000-tonne crude oil tanker with builder's hull no. 113. Dalian Shipbuilding begins construction on LNG dual-fuel crude tanker  

Development is one of a number of milestones reported by parent company over the past few days.

Photograph of Sallaum Lines' Ocean Breeze vessel with 'Introducing The Blue Corridor' overlaid text. Sallaum Lines launches Blue Corridor sustainability initiative for Europe–Africa ro-ro trade  

Company deploys LNG-capable vessels with AI routing and eco-speed protocols on new green shipping corridor.

The platform supply vessel Viking Energy. Eidesvik Offshore signs yard contract for ammonia retrofit of PSV Viking Energy  

Halsnøy Dokk to convert platform supply vessel as part of EU-backed Apollo project.

Vanquish tanker alongside Jette Theresa oil/chemical tanker docked at terminal. North Sea Port completes risk analysis for alternative fuel bunkering operations  

Port authority says LNG, hydrogen, methanol and ammonia can be safely refuelled across its facilities.

Container ship near a port. Ammonia emerges as most feasible alternative fuel for deep-sea shipping in 2050 emissions study  

Research combining expert survey and technical analysis ranks ammonia ahead of hydrogen and methanol.


↑  Back to Top