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The Skulte LNG terminal could only remain on the card :: Dienas Bizness

The to start with ship with liquefied fuel in the port of Skulte could be received in the autumn of 2024, when the related infrastructure is designed, the expense of which is estimated at 120 million euros, but none of this will turn into fact if Latvenergo implements the bulletins on the designs for the summary of a ten-year deal with the Klaipėda terminals for the use of regasification expert services.

Uldis Salminņš, board member of AS Skulte LNG Terminal and its biggest shareholder, the Countrywide Fuel Terminal Culture, advised Dienas Biznes in an job interview.

He admits that agreements with the most essential gasoline customers and traders both of those in Latvia and overseas are essential to have out the planned terminal task.

What is the present-day predicament?

r satisfaction that just after numerous years the federal government has listened to the proposal of the Liquefied Fuel Terminal Initiative Group and has determined to aid it by giving it the standing of item of nationwide desire, which is in a sense a prerequisite for prosperous implementation of this challenge. This implies, in exercise, an a lot easier treatment for conquering administrative obstacles, in individual to be ready to build a connection among the pipeline and the underground gas depot of Inčukalnas. For infrastructural objects, including electrical power lines, railways, in get to be in a position to establish them, the condition also determines the standing of item of national fascination, usually it is not possible to agree with all the proprietors of the land involved.

The only trouble in the predicament of an underground fuel pipeline is that remote design of a sure basic safety zone is not permitted, normally the land can be made use of, for example, for agriculture. Agricultural equipment can also move on it. Nothing at all like this would be attainable in a place in which a railway or street has been developed. The company’s business model foresees that the terminal by itself (AS Skulte LNG Terminal) will not buy or promote liquefied fuel, but will only offer infrastructure solutions to gas traders and its substantial customers.

Among the the likely clients, AS Latvenergo is the greatest purchaser of fuel (for the operation of thermoelectric crops) with about 6 TWh for each calendar year, but if the Latvian electric power grids ended up desynchronized with the Russian and Belarus grids, this sum could even boost. noticeably . On the other hand, a number of days following the government’s final decision on the matter, the point out-owned enterprise Latvenergo introduced its intention to conclude a ten-calendar year contract with the Klaipeda terminal for the use of regasification providers. But such a step critically negatively impacts the likelihood of achieving Latvia’s electrical power independence and threatens the implementation of the Skulte terminal venture. By shifting most of the offer of the Latvian pure gasoline market via the Klaipėda terminal, the pitfalls to the protection of natural gas source now recognised this calendar year remain underneath the problems of constrained availability of Lithuania’s inside transmission infrastructure and of interconnection capability with Latvia.

Study the whole posting September 6 in Dienas Bizness journal!

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