The 10-year contract between the Norwegians and the state-owned company Klaipedos Nafta is expected to be signed in February, and the terminal is to be launched by the end of 2014, Klaipedos Nafta said in its statement.
“We are very pleased to announce that we have made a very significant stride towards the implementation of the LNG terminal. We have selected a supplier for delivery of the floating storage regasification unit, which will be a key part of the terminal infrastructure. The supplier offering the best proposal is Norway’s Hoegh LNG. The proposal from this supplier has been acknowledged as the most economically adva…
