EMEA News
Lithuania's Klaipėdos Nafta Partners with GASNAM on LNG Bunkering Standards
Lithuania's state-owned Klaipėdos Nafta, which operates the Klaipėda liquid natural gas (LNG) terminal, has signed a Memorandum of Understanding (MOU) with the Spanish Association of Natural Gas for Mobility (GASNAM) to cooperate on the standardisation of LNG bunkering operations, Baltic media reports.
Under the agreement, Klaipėdos Nafta says it will exchange experiences with GASNAM in order to develop a LNG bunkering standard that will cover the operations of LNG supply for both ships and trucks.
"It is only natural for us to become a partner of the organisation, which brings together gas market participants, because we can share our experience with international market players and standardise certain processes together with them," Mantas Bartuska, CEO of Klaipėdos Nafta.
Klaipėdos Nafta says it has plans to build a €27 million ($28.74 million) LNG reloading station by early 2017, enabling the company to provide LNG bunkering and truck loading services to customers within the Baltics, as well as Poland.
In February, it was announced that Germany-based Bomin Linde LNG had signed a deal with the Klaipeda LNG terminal to develop LNG as a marine fuel in the Baltic Sea.
In June, Ship & Bunker reported that the Society for Gas as a Marine Fuel (SGMF) signed a MOU with GASNAM to improve operations and objectives.