Lithuania Sees Statoil as Development Partner for LNG Terminal

Lithuania chose Statoil ASA as a supplier for a new liquefied natural gas terminal, expecting the Norwegian company to help develop the Baltic nation’s LNG business projects, Prime Minister Algirdas Butkevicius said.

“It’s foreseen to work with them on a list of plans related to transporting LNG, bunkering and so on,” Butkevicius said today on LRT radio in Vilnius, the capital. “That would bring added revenues” for state-owned terminal operator Klaipedos Nafta AB and gas trader Litgas AB, he said.