Elenger to bring three more LNG cargoes to the region

“Most of the natural gas required for the upcoming heating season was delivered through the ports of Finland and Lithuania during the spring and summer. Agreements have also been secured for the remaining volumes, meaning our customers’ gas supply is fully ensured,” said Margus Kaasik, Chairman of the Management Board of Elenger Group.

“Although European gas storage facilities are less full than usual, there is still sufficient gas available both in Europe and in the Finland-Baltic region. Increasing volumes of LNG from the US are arriving in Europe, and the continent has ample terminal capacity to receive these deliveries. In addition to ongoing shipments to the ports of Inkoo and Klaipeda, the region also benefits from the large underground gas storage facility in Incukalns, Latvia, which provides a significant buffer for Baltic gas demand,” Kaasik added.

In total, Elenger will deliver 11 LNG cargoes to the Finland-Baltic region this year – seven to the Port of Inkoo in Finland and four to the Klaipeda LNG terminal in Lithuania. The company stores gas in the underground gas storage facility at Incukalns in Latvia, as well as in Poland.

Elenger sources its natural gas from the US and Norway. Of this year’s deliveries, five cargoes have originated from Norway, while the remaining shipments are planned to come from the US.

Read the article online at: https://www.lngindustry.com/regasification/18082026/elenger-to-bring-three-more-lng-cargoes-to-the-region/