On 29 February 2012 the Government of the Republic of Lithuania passed a resolution “Regarding ensuring the mandatory operations of the liquefied natural gas terminal” whereby it resolved as follows:
- that the liquefied natural gas (LNG) terminal must be installed and operated following such technological parameters, which would permit to ensure the mandatory operations of the LNG terminal without any interruptions, i.e. the technological capacity of the LNG terminal, which is necessary for constant and efficient satisfaction the general need for natural gas in the Republic of Lithuania according to the formula of the infrastructure standard N-1, which describes the ability of the technical capacity of the gas infrastructure to satisfy total gas demand in the calculated area in the event of disruption of the single largest gas infrastructure during a day of exceptionally high gas demand;
- that in taking of decisions regarding ensuring the mandatory operations of the liquefied natural gas terminal, the measures, which guarantee the technological and economic feasibility of the activities of the terminal, must be provided for;
- to assign to the Ministry of Energy of the Republic of Lithuania to prepare and present to the Government of the Republic of Lithuania the draft Law of the Republic of Lithuania on the Liquefied Natural Gas Terminal, which would establish the general principles of, requirements for and special legal regulation of the installation and operations of the LNG terminal in the territory of the Republic of Lithuania, the Ministry of Energy is instructed to prepare the draft Law by 20 March 2012;
- to assign to the Ministry of Energy of the Republic of Lithuania to establish in the draft Law of the Republic of Lithuania on the Liquefied Natural Gas Terminal that the volume of natural gas imported through the LNG terminal and natural gas pipelines (through each of such means individually) would make not less than 25 % of all the natural gas volume consumed in the Republic of Lithuania annually.
Mantas Bartuška, Finance Director, 8 46 391 763