Estonian energy group Elenger has reported that, on its order, two LNG cargoes arrived at the port of Klaipeda from Norway in March, one on the tanker Arctic Aurora and the other on the tanker Arctic Princess.
Elenger has booked terminal capacity to bring 10 LNG cargoes until the fall of this year. Three deliveries have already arrived in the port of Klaipeda in Lithuania, the already mentioned Arctic Aurora and Arctic Princess in March, and the Equinor gas tanker Isabella which arrived in Klaipeda from the United States (US) in January.
Seven more deliveries are expected to arrive in the port of Inkoo in Finland in the spring and summer, with the first delivery scheduled for April.
Margus Kaasik, the CEO of Elenger Group, said: “We are one of the few energy companies in the region to purchase gas directly from the producers, this allows us to offer our customers better security and better prices, and over the past year we have managed to increase our market share in Finland, Estonia, Latvia, Lithuania, and now recently also in Poland.”
“The global price of gas has gone down, we see it remaining at the same level for at least the next year, this has given customers confidence, and many of those who used other fuels in the meantime have either already returned to gas or are planning to do so in the near future.”
Elenger started using the LNG terminal in Klaipeda, Lithuania, in 2017, and in 2019, it signed a contract with Klaipeda Nafta, after which LNG was purchased through the Klaipeda Independence floating terminal and sent to the natural gas network.
In addition, the company noted it has been delivering LNG with trucks for bunkering ships and to off-grid industrial customers for many years.
Last year, Elenger said it bought five large shiploads of gas for its customers through the port of Klaipeda.
To note, Elenger offers its customers natural gas in the form of pipeline gas, compressed natural gas (CNG), and liquefied natural gas (LNG). It operates in Finland, the Baltic states, and Poland. In its homeland Estonia, it carries the Eesti Gaas brand name.