The Baltic Course: EU to Finance Development of Lithuania's LNG Infrastructure
Energy company Klaipedos Nafta and Sweden's port of Helsingborg received confirmation that the European Union (EU) will allocate over EUR 10 million to develop liquefied natural gas (LNG) projects in the Baltic Sea region, reports LETA/ELTA.
The Coordination Committee of EU's Connecting Europe Facility has approved EUR 10.2 million or 35 percent funding for Helsingborg and Klaipeda Infrastructure Facility. Klaipedos Nafta will receive EUR 6 million for the construction of onshore LNG distribution station. Meanwhile, the port of Helsingborg will receive the remaining amount for the construction of LNG liquefaction plant.
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