Lithuanian Parliament Votes To Buy Floating LNG Terminal After 2024 - Energy Ministry

Lithuanian lawmakers on Tuesday voted to buy a floating liquefied natural gas (LNG) terminal after 2024 as part of the Baltic country's efforts to ensure its energy security, the Lithuanian Energy Ministry said in a statement.

MOSCOW (UrduPoint News / Sputnik - 18th December, 2018) Lithuanian lawmakers on Tuesday voted to buy a floating liquefied natural gas (LNG) terminal after 2024 as part of the Baltic country's efforts to ensure its energy security, the Lithuanian Energy Ministry said in a statement.

"Today, the parliament approved the [Energy Ministry's] proposal to secure long-term LNG imports by acquiring a floating LNG terminal after 2024," the statement read.

Lithuanian Energy Minister Zygimantas Vaiciunas said, as quoted in the statement, that it was a "strategically important" decision, which will allow to strengthen Lithuania's energy security and put pressure on Russian gas prices.

The Independence terminal of the Norwegian company Hoegh LNG has been docked in the Lithuanian port city of Klaipeda since 2014 and is used to supply natural gas from Norway.