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."


Kuehne+Nagel logo. Kuehne+Nagel seeks marine energy pricing analyst in Greece  

Logistics firm recruiting for role focused on bunker pricing formulas and compliance cost analysis.

Fulvio Astengo, LD Ports & Logistics. LD Armateurs to present floating ammonia terminal concept at London energy conference  

French shipowner to showcase FRESH platform design for offshore hydrogen and ammonia supply chains.

NACKS bulk carriers with rotor sails. Anemoi rotor sails complete eight years of operation on bulk carrier M/V Afros  

Lloyd’s Register survey finds no operational issues with wind propulsion system after extended service.

Mikkel Kannegaard, Bunker Holding. Bunker Holding promotes Mikkel Kannegaard to chief operating officer  

Kannegaard has led transformation of supply organisation since joining in August 2025.

London skyline. Uni-Fuels seeks general manager for London bunker trading desk  

Nasdaq-listed marine fuel supplier recruits for commercial leadership role with P&L responsibility.

VPS logo. NE Atlantic ECA will cause significant change to the current fuel mix | Steve Bee, VPS  

The possibility of off-spec issues highlights the continuing need for proactive fuel testing to protect vessels.

Kris Vedat, SmartSea. Smart ships failing to convert data into actionable intelligence, warns SmartSea  

Maritime technology firm claims vessels collect vast amounts of data but lack integration to support decision-making.

Energy Transition Outlook 2026 Hydrogen To 2060 report cover. DNV forecasts 100-fold growth in clean hydrogen by 2060, with China leading expansion  

Classification society projects $3.2tn investment in hydrogen sector, with maritime accounting for 15% of clean hydrogen use.

World Shipping Council logo. Dual-fuel container ship and vehicle carrier fleet surpasses 1,200 vessels  

World Shipping Council reports 65% year-on-year increase in operational dual-fuel vessels to 440 ships.

Sotiris Raptis, ECSA. European Shipowners calls for ETS revenue investment and fuel supplier mandate  

ECSA urges the EU to invest €9bn in annual ETS revenues in fuel production and infrastructure.


↑  Back to Top