Incukalns gas storage facility can become a regional gas bank

Pranešk apie klaidą

Wednesday, June 13, Riga – President Dalia Grybauskaitė, currently on a state visit in Latvia, and Latvian President Andris Bērziņš visited an underground gas storage facility in Incukalns, Press Service of the President reports.

“It is very important to create a really functioning gas market in the Baltics so that our people can pay competitive prices rather than the prices dictated by a monopolist. To this end, we have to look for new gas suppliers and exploit the capacities of the gas terminal in Klaipėda and the Incukalns storage facility which has potential to become a regional gas bank,” the President said.
The President underlined that it was in the interest of Lithuania, which is building a liquefied natural gas terminal in Klaipėda, that the capacities of the Incukalns storage facility be increased. Yesterday, the Lithuanian Parliament approved the construction of the liquefied natural gas terminal in Klaipėda. During her visit in the Incukalns storage facility, the President was accompanied by Rokas Masiulis, managing director of “Klaipėdos nafta” which is implementing the LNG terminal project.
According to the President, the joining of the Incukalns gas storage facility and the LNG terminals planned to be developed in Lithuania and other Baltic countries and the reinforcement of pipeline connections will serve to create a regional gas market, which will ensure an alternative for expensive Russian gas and the competitive prices to the people.
The President said that “Lietuvos dujos” was already keeping in Incukalns a stock of around 40 million cubic meters of gas to satisfy, if necessary, the domestic consumer needs for 40 days, and after Lithuania’s building a liquefied natural gas terminal and gas interconnection with Poland our interest in the potential of the Incukalns gas storage facility would further increase.

One thought on “Incukalns gas storage facility can become a regional gas bank

  1. It is not too late to call your MP and tell them; Lithuania cannot expect energy independence relying on a a single supersized reactor. Those same investments could be spent on wind from field to city, which could begin generating, as soon as, today! The world is on the side of the people to live free of the retaliatory arm of the state. The worlds citizens oppose nuclear energy. If this is not censored, and you read it, remember; it’s never too late to say, “I know the truth.”. it’s never too late to speak out. A government that condems it’s people to silence, can not hope to gain security nor independence. the future of a clean and beautiful Lithuania, is in your hands.

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