Oslo: Lithuania’s LNG importer Litgas says it will purchase LNG from the United States’ first export terminal. The Lithuanin company has signed a non-binding deal with the terminal.
The Baltic states and Poland want to cut their dependency on supplies from Russia. Russia’s Gazprom has been the sole gas supplier to the region until the end of 2014 when Lithuania opened a floating import terminal. Poland plans to open another one later this year.
North America’s first LNG export terminal, Cheniere Energy Inc’s Sabine Pass, will send its first cargoes by late 2015.
“We can begin receiving cargoes as early as 2016 to match demand,” Litgas chief executive Dominykas Tuckus told Reuters.
Litgas has previously signed a deal with Norway’s Statoil via Lithuania’s floating LNG import terminal and 16 non-binding agreements with other LNG companies.