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PGNiG completes sale of two LNG cargoes for bunkering purposes at Klaipėda port

15 Apr 2020

Polish Oil and Gas Company (PGNiG) on Wednesday (8 April) said it has sold its first two liquefied natural gas (LNG) cargoes from the reloading station at Klaipėda port.

Since 1 April 2020, the company says it has been the sole user of the station located at the entrance to the Klaipėda port.

“Despite the challenging market conditions caused by the coronavirus pandemic, it took us only a week to launch our operations in Klaipėda,” says Jerzy Kwieciński, President of the PGNiG Management Board.

“On the one hand this attests to our capabilities in small-scale LNG, while also confirming that the LNG markets in Lithuania and the other Baltic countries have considerable potential.” 

PGNiG says the two LNG trucks were loaded on  Tuesday, 7 April, and both cargoes were purchased by CRYO Shipping, a Norwegian bunker fuel supplier for LNG fuelled ships. 

“We are looking forward to cooperating with PGNiG and developing our position as LNG bunker fuel supplier in Port of Klaipeda”, says Nicholai H. Olsen, Managing Director of CRYO Shipping.

PGNiG adds the LNG cargoes purchased were used to bunker the Greenland, a cement carrier moored at the wharf of the Klaipėda port and owned by Norway’s JT Cement AS.

Due to the environmental requirements, liquefied gas is increasingly preferred as a fuel for marine transport, notes the company. 

PGNiG adds the use of the LNG reloading station in Klaipėda offers the opportunity to become a major supplier of LNG to ships operating in the region. The port of Klaipėda is one of the five largest ports in the Baltic Sea in terms of cargo handling volumes, it adds.

PGNiG says it won the tendering procedure for exclusive use of the Klaipėda reloading station in November 2019. 

The procedure was organised by Klaipėdos Nafta, which also operates a Floating LNG Regasification and Storage Unit in the Klaipėda port, a few kilometres away from the reloading station, it adds.

The contract between the two companies came into force on April 1st 2020 and will remain valid for five years.

The LNG reloading station in Klaipėda has five tanks with a total capacity of 5,000 cubic metres (2,250 tonnes) of liquefied gas, notes PGNiG.

It has two loading stations for LNG trucks and ISO containers, which can be used simultaneously. The wharf of the station makes it possible not only to receive LNG from vessels, but also to load LNG, it adds.

Related: Successful first LNG Bunkering operation at Klaipėdos, Lithuania
Related: PGNiG LNG reloading station at Klaipeda allows LNG bunkering ops

Photo credit:PGNiG
Published: 15 April, 2020


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