30
Sep
2016

Lithuania’s LDT signs SPA with Koch; reserves more capacity at FSRU

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Lithuanian gas trader Lietuvos Duju Tiekimas (LDT) has signed an agreement with Koch Supply & Trading for the supply of LNG to the Klaipedos Nafta-operated floating storage regasification unit (FSRU) in 2017, LDT said this week.

LDT did not disclose the price or volume of LNG contracted, but the company said the volumes provided by Koch will enable LDT to meet more than a third of its expected demand in 2017, which it forecasts at 2 TWh (approximately 130,000 toe).

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