Litgas , part of the Lithuanian state-controlled Lietuvos Energija, said that it has saved €5.2 million during testing of the Klaipeda LNG terminal.
The company informed in a statement that €7.5 million, only 60% of the budget (€12.7 million) earmarked for the testing was spent.
General Manager of Litgas Dominykas Tuckus said that this was due to high competition in the tender to purchase gas during the testing phase, as well as the utilisation of gas during testing.
He said that the company received 16 proposals allowing it to choose the financially best option.
Out of total 51 million cubic meters used to test the terminal’s systems, 6 mcm was used for technological purposes with the rest being supplied to the Lithuanian natural gas system.
Litgas is currently providing the minimum amount of natural gas needed for LNG terminal’s operation which is around 540 million cubic meters. The company said that LNG deliveries will be spread over 6 or 7 cargoes.
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LNG World News Staff; Image: Klaipedos Nafta