European Commission publishes decision on compatible state aid

Published by David Rowlands, Editor
LNG Industry, Wednesday, 23 October 2019 09:00

The European Commission has published a decision on the compatible state aid confirming that the measures proposed by the Republic of Lithuania to reduce the costs of maintenance of LNG terminal are compatible with the internal market and fulfil the criteria for state aid.

According to the statement by Klaipedos nafta, the measures approved in this decision will create legal preconditions to decrease the costs of maintenance of LNG terminal by up to €135.5 million until 2024.

Further decisions will reportedly be approved by the board and the general meeting of shareholders of AB Klaipedos nafta.

Read the article online at: https://www.lngindustry.com/regasification/23102019/european-commission-publishes-decision-on-compatible-state-aid/

Hanwha Aerospace, Hanwha Energy, and Korea Southern Power to develop global LNG value chain

Friday 15 August 2025 15:00

Hanwha Aerospace and Hanwha Energy have signed a memorandum of understanding with Korea Southern Power to advance global LNG value chain development.

You might also like