AB Klaipedos Nafta (Klaipėdos Nafta) has announced that
the European Union's (EU's)
Connecting Europe Facility (CEF) Coordination Committee on July 8 approved €15 million ($13.53 million) in
financial support for the joint Blue Baltics project, which is intended to
expand liquefied natural gas (LNG) bunkering network across the Baltic Sea. The EU support is
specifically dedicated to five companies including Klaipėdos Nafta, which is
said to be expected to receive €4
million ($3.61 million) of EU funds.
"Blue
Baltics consists of investments in LNG mobile facility for bunkering of LNG
ships in Lithuania, Sweden, Estonia and Germany,"
explains Klaipėdos Nafta, noting that the project will include the upgrade of
Klaipėda LNG infrastructure, an expansion of LNG fuelling infrastructure in
Estonia, and upgrade of a Swedish LNG distribution terminal, as well as the
implementation of a bunkering vessel in Germany.
The Blue
Baltic project is said to be slated for completion in 2019's second quarter.
Klaipėdos
Nafta is noted to have received €6
million ($5.41 million) in EU support in 2015 in support of construction
of an LNG reloading station, as well as €0.15
million ($140,000) in EU funding in 2014 for the LNG reloading station
FEED and preparations. In June, Ship & Bunker reported that Dalius Misiunas, Chairman and CEO at Lietuvos Energija, UAB (Lietuvos
Energija) said a joint venture between LitGas,
UAB (LitGas), and Blue LNG was
being considered, which could see Blue LNG operate a small LNG vessel that will perform bunkering
operations and transport gas from Klaipėdos Nafta's LNG terminal in Klaipėda.
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