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."


Ubuntu Humanity alongside Fuelng Bellina vessel. DNV says existing LNG infrastructure can support low-GHG methane transition  

Classification society finds biomethane and e-methane compatible with current LNG fleet and bunkering networks.

IBIA bunker buyers working group graphic. IBIA launches Bunker Buyers Working Group for fuel procurement end users  

New forum aims to represent shipowners, charterers and ship managers in policy and regulatory discussions.

Carbon registry process diagram. MOL and Shell launch book-and-claim scheme for marine biofuel emissions credits  

Japanese shipping firm partners with Shell to offer environmental attribute certificates from third-party vessel operations.

Renewable Energy Directive (RED III) policy brief cover. Bureau Veritas releases report on EU Renewable Energy Directive’s impact on shipping  

Classification society examines RED III compliance challenges as member states transpose the directive into national law.

New York City skyline. IBIA to hold 2026 annual convention in New York  

The event marks the first time in recent years that the association’s gathering has been held in the Americas.

Port of Barcelona delegates. Port of Barcelona advances shore power rollout for cruise terminals  

Installation of OPS systems begins at MSC and Royal Caribbean terminals as port reorganises infrastructure.

NACKS bulk carriers with rotor sails. Anemoi and NACKS secure ClassNK approval for Ultramax rotor sail designs  

Two configurations for wind-assisted propulsion systems on bulk carriers receive approval in principle.

DP World London vessel. Elbdeich Reederei takes delivery of first methanol-capable feeder vessel  

German shipowner receives 1,250-teu dual-fuel newbuild from Chinese yard, with three more to follow.

AuctionConnect and Asyad Shipping logos. Asyad Shipping adopts AuctionConnect digital bunker platform under three-year deal  

Middle East shipping company to implement auction-based procurement system across fleet operations.

Fuel for thought: LNG for Cruise report cover. LNG remains the most deployable decarbonisation option for cruise shipping, Lloyd’s Register report finds  

Classification society’s latest research examines the fuel’s role in the sector’s energy transition and pathway to net zero.


↑  Back to Top