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."


Global Ethanol Association (GEA) and Vale logo side by side. Vale joins Global Ethanol Association as founding member  

Brazilian mining company becomes founding member of association focused on ethanol use in maritime sector.

KPI OceanConnect Logo. KPI OceanConnect seeks marine fuel trading intern in Singapore  

Bunker supplier advertises role offering exposure to commercial and operational aspects of marine fuel business.

Frank Dahan, CSL Group. CSL Group's Frank Dahan appointed chair of IBIA's Americas regional board  

Dahan brings 29 years of marine transportation and energy experience to the role.

IMO Member States, Belgium delegation. Lloyd's Register, EXMAR, and Belgium’s Federal Public Service develop interim guidelines for ammonia cargo as fuel  

Guidelines expected to receive formal IMO approval in May 2026, enabling ammonia use on gas carriers.

Knut Ørbeck-Nilssen, DNV. DNV to lead Nordic roadmap Phase 2 for zero-carbon shipping transition  

Programme will identify green corridors and tackle cost barriers through new financing approaches.

Monjasa logo. Monjasa seeks trader for Dubai operations  

Marine fuel supplier recruiting for trading role covering sales, purchasing, and logistics in UAE.

IBIA Board Elections 2026 – Call for Nominations announcement. IBIA calls for board election nominations ahead of Friday deadline  

Association seeks candidates for 2026 board positions with submissions closing 12 December.

Fraua vessel. BMT Bunker adds tanker MT Fraua to fleet  

BMT Bunker und Mineralöltransport has expanded its fleet with a new vessel.

Ruby bunkering vessel. Island Oil expands Cyprus bunkering fleet with vessel Ruby  

Island Oil adds second bunkering vessel to strengthen marine fuel supply operations in Cyprus.

Wärtsilä and Aalto University partnership signing. Wärtsilä and Aalto University extend R&D partnership to accelerate marine decarbonisation  

Five-year agreement expands international collaboration on alternative fuels and clean energy technologies.


↑  Back to Top