Klaipedos Nafta, operator of the first full scale LNG terminal in the Baltic Sea region, and Bomin Linde LNG, Germany-based provider of liquefied natural gas (LNG) as marine fuel, have signed a Memorandum of Understanding (MoU).

In close cooperation both companies aim to jointly develop the LNG fuel market including the necessary infrastructure in Baltic Sea.

As of 1st of January 2015, Klaipedos Nafta has successfully started commercial operations of its floating storage and regasification unit (FSRU) named ‘Independence’, providing LNG regasification and reloading services on a third-party-access basis. In the next step, the company intends to construct an on-shore small-scale LNG reloading station in the port of Klaipeda. With this station Klaipedos Nafta will be able to offer small-scale LNG services, e.g. loading services for trucks, serving the increasing demand for LNG the Baltic States and in Poland.

Bomin Linde LNG intends to become the user of the Klaipeda LNG terminal and to book regulated LNG reloading capacities in order to use the facility as the regional break-bulking hub for the Baltic Sea.

Bomin Linde LNG and Klaipedos Nafta also agreed to jointly explore the possibilities to develop a LNG bunkering vessel. The bunkering vessel would provide LNG bunkering services in the region, feed the LNG reloading station in Klaipeda, Bomin Linde’s LNG bunkering terminals – for example, the planned terminal in Hamburg, and other bunkering terminals in the Baltic Sea.

Bomin Linde‘s Managing Director Mahinde Abeynaike, explains, “We consider this partnership to be an important milestone in the development of an efficient supply of LNG to ports at the Baltic Sea“. His colleague Ruben Benders adds, “Jointly with our partner Klaipedos Nafta, we will build a unique LNG supply chain that is needed to take the regional LNG markets to the next level.”

Mantas Bartuska, the General Manager of Klaipedos Nafta, says, “Today we are very glad that we had signed the MoU with one of the main LNG market players in the LNG world. This MoU shows that the market leaders are starting to work on new LNG business cases in the Baltic Sea which are enabled by the successful commissioning of the Klaipeda LNG terminal in the last months of 2014. Also the fact that Klaipedos Nafta has secured EU funding for the on- shore LNG infrastructure development work shows that the company is on the right new track and in line with the long-term strategy of the EU planning new services.”