The European Investment Bank (EIB) is to lend € 87 million to Klaipedos Nafta for the construction and operation of a new LNG import facility in the port of Klaipeda.
The LNG terminal will comprise of a floating storage and regasification vessel, an offshore jetty including gas handling facilities and an 18 km pipeline connection to the Lithuanian gas grid.
The project is planned to be finalised by the end of 2014.
Changing trading patterns within the crude oil industry have led to changes to tanker berthing and oil storage arrangements at the Port of Rotterdam.
Port expansion at Rotterdam is virtually continuous. However, over the past ten years, imports of crude oil have fluctuated between 92 – 102 million tpy. North sea oil production has simultaneously fallen from over 40 million t to less than 20 million t over the same period, most of Rotterdam’s oil imports originating from Russia since 2003.
In 2011, Maasvlakte Olie Terminal (MOT) expanded its operation with the addition of new tanks. Similar expansion is taking place at 7e Petroleumhaven. Here, Maatchap Europoort Terminal (MET) is completing two additional 105 000 m3 tanks in a project that includes 1.5 km of new pipeline connecting it to the jetty.
Elsewhere in Rotterdam, work has now been completed for deepening the berth of Shell jetty 104in the Beneluxhaven. The navigation path to the jetty has also been dredged and increased in depth in order to enable the largest oil tankers access. This equates to an additional 30 000 t of crude oil per ship.
BP Plc (BP) has announced that it will pull some staff from Egypt in response to escalating unrest in the region, following the ousting of President Mohammed Morsi by the military.
In a statement, the company has described this as a temporary, precautionary measure to protect its staff.
Edited from various sources by Emma McAleavey.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/11072013/downstream_news_europe469/