Dalia Grybauskaite News

Croatia Mulls LNG Facility

A floating terminal for liquefied natural gas (LNG) in Croatia would lower energy prices both for households and the business sector, Croatian President  Kolinda Grabar-Kitarovic said. The country’s key energy project is still the liquefied natural gas terminal on the Island of Krk, but a floating LNG facility is an option, Kolinda said. She added that Croatia can learn a lot from the Baltic countries. She recently met with the Lithuanian President Dalia Grybauskaitė who supported the LNG terminal in Croatia. She shared Lithuania’s experience in building an import LNG terminal with her Croatian counterpart. When asked about the possibility of a floating LNG terminal…

Hyundai Heavy Names First Newbuild LNG FSRU

Hyundai Heavy Industries Co., Ltd. (HHI) held a naming ceremony for the world’s first newbuilding LNG floating storage regasification unit (LNG FSRU), ordered from Höegh LNG in June 2011. The 170,000 cbm LNG FSRU, measuring 294 meters in length, 46 meters in width and 26 meters in depth with the storage capacity of 70,000 metric tons of chilled natural gas, will be chartered to Lithuania’s Klaipedos Nafta under a long-term contract. The naming ceremony of the LNG FSRU, Independence held in Ulsan…