Lithuania: State takes ownership of Klaipeda LNG terminal carrier

Lithuania’s state-owned company, KN Energies, has acquired the LNG carrier, Independence, from Norway’s Höegh Evi (former Höegh LNG) for EUR 138mn, BNS reports. The handover ceremony was attended by the presidents of all three Baltic States and Poland. The floating storage regasification unit (FSRU), which serves as Lithuania’s LNG terminal, arrived at the port of Klaipeda in March 2014. The vessel was transferred from the Singaporean to the Lithuanian registry. Lithuania’s former president, Dalia Grybauskaite, noted that Lithuania’s decision to lease the FSRU and build the LNG terminal in Klaipeda was “highly insightful on a European scale,” stressing that the terminal had benefited the entire Baltic region, BNS reported.