On 15 February 2012 the Government of the Republic of Lithuania passed a resolution “Regarding establishment of the liquedated natural gas (LNG) terminal” whereby it is approved that AB Klaipėdos Nafta would continue the implementation of the LNG terminal project and the following:.
- The Ministry of Energy of the Republic of Lithuania is assigned to initiate the general meeting of shareholders of AB Klaipėdos Nafta regarding the amendment of the Articles of the Association of AB Klaipėdos Nafta, proposing to stipulate in the Articles of the Association of the company that one of the purposes of AB Klaipėdos Nafta activities would be the establishment of the LNG terminal and its preparation for operation, ensuring economical and rational operation of the LNG terminal and/or its later transfer to the natural gas transmission system operator controlled by the Republic of Lithuania.
- State Enterprise Klaipėda State Seaport Authority is obliged to develop the current and to establish a new infrastructure of the Klaipėda State Seaport and in this way to create a background for the establishment and commencement of operation of the LNG terminal by 3 December 2014 and to transfer such infrastructure or to grant the right to use it to AB Klaipėdos Nafta.
Mantas Bartuška, Finance Director, 8 46 391 763