By Associated Press - Tuesday, December 18, 2018

VILNIUS, Lithuania (AP) - Lithuanian lawmakers have voted to buy a floating liquefied natural gas terminal that has been providing gas to the Baltic nation as it tries to reduce its reliance on Russian energy.

In Tuesday’s 99-1 vote with 17 lawmakers abstaining, parliament voted to buy the 300-meter (984-foot) Independence from a Norwegian company, Hoegh LNG AS. The terminal has been docked off Lithuania’s coast since 2014 and is used to supply natural gas from Norway.

The vessel is estimated to cost some 308 million euros ($349 million). Lithuania plans to buy it by 2025.

In 2017, Russia’s state-owned Gazprom accounted for about 54 percent of all energy supplies to Lithuania. Some 61.3 percent of all gas was imported via the Independence terminal.

Copyright © 2024 The Washington Times, LLC.

Please read our comment policy before commenting.

Click to Read More and View Comments

Click to Hide