Es­to­nian gas ter­mi­nal de­vel­op­ers con­cerned over 2nd Klaipeda gas ter­mi­nal

Baltic News Network - - Front Page -

Companies seek­ing to make in­vest­ments in the con­struc­tion of an LNG ter­mi­nal in Es­to­nia’s largest cargo har­bour eval­u­ate that a state-sub­si­dized ter­mi­nal in the Lithua­nian port of Klaipėda would dis­tort the gas mar­ket in the re­gion, but Es­to­nian elec­tric­ity and gas grid op­er­a­tor Eler­ing dis­agrees.

Es­to­nian pub­lic broad­caster ERR re­ports that Vopak is plan­ning to erect a gas ter­mi­nal in Mu­uga Har­bor to­gether with state port com­pany Tallinna Sadam.

Head of Vopak E.O.S., Arnout Lugt­mei­jer, ex­plained daily Pos­timees on Mon­day, Oc­to­ber 30, that it is in Es­to­nia’s in­ter­est to keep the trans­port prices of liq­uid nat­u­ral gas low, whereas the com­par­a­tively small ter­mi­nal in Klaipėda, which is un­der con­struc­tion and is sub­sidised by the Lithua­nian state, would make this much more ex­pen­sive. CEO of Eler­ing, Taavi Veskimägi, agrued in an interview with Pos­timees that Klaipėda was part of ef­forts to make the re­gional gas mar­ket very ac­tive and com­pet­i­tive and could not be con­sid­ered as a state’s means to in­flu­enc­ing the gas price.

Pan­therMe­dia/SCANPIX

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