Fluor is to provide engineering and business support to Klaipedos Nafta AB, Lithuania’s state-owned oil company, in establishing a floating liquefied natural gas (LNG) terminal in Klaipeda, Lithuania.
Lithuania has announced its plans to have an LNG terminal operating by 2014 as the country struggles with rising energy costs and its heavy reliance on gas piped from Russia by Gazprom.
“We shall have this terminal operating with a capacity of 1.5 billion cubic metres [of gas]. Each year in Lithuania we are using around 3 billion cubic metres. So we are targeting half of the national demand,” Lithuania’s Prime Minister Andrius Kubilius said earlier, according to the Baltic Times.
Construction of a new nuclear plant at Visaginas is also scheduled to start from 2014 as Lithuania attempts to replace the generation capacity of the Ignalina nuclear plant closed at the end of 2009.
As the lead advisor in the LNG project, Fluor will prepare the technical development plan and assist in selecting technologies, as well as in developing a business plan for the terminal.
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