Cheniere, Lithuanian Company Sign MOU for LNG Supply
Posted on May 17, 2011 in LNG Exports, Markets and Competition | Comments Off on Cheniere, Lithuanian Company Sign MOU for LNG Supply
Last week Cheniere Energy, Inc. and Lithuanian LNG terminal developer Klaipedos Nafta signed a Memorandum of Understanding (MOU) to negotiate supply options for the Klaipeda LNG import terminal on the eastern Baltic Sea. According to Cheniere’s press release, the two companies will begin negotiating a supply arrangement that is expected to involve U.S.-sourced LNG exported via the Sabine Pass LNG terminal. Platts LNG Daily [subscription required] provides additional coverage.