“Klaipėdos nafta” joined the Association

On 1st of January, 2021 AB “Klaipedos nafta” (further referred to as KN) became a member of the Lithuanian Shipowners’ Association. It is important for KN to participate in the activities of the Association and to contribute to better and more sustainable shipping, the creation of more favourable conditions of business, and the improvement of the legal regulation of the FSRU activity. It is necessary to emphasize that the Law on the Liquefied Natural Gas Terminal of the Republic of Lithuania provides that the activities of the LNG terminal shall be carried out at least until 2044. The Government and public authorities shall ensure that the KN will have acquired FSRU the latest by 31st of December, 2024 choosing the most economically advantageous offer.