Wednesday, April 17, 2024
HomeLNGGIE: LNG terminals managing record operations during crisis

GIE: LNG terminals managing record operations during crisis

Widespread crises, such as the current one we are experiencing, make us more aware of critical services and the systems that deliver them. That’s what stated by Gas Infrastructure Europe (GIE), the association representing the interests of European gas infrastructure operators active in gas transmission, gas storage and Liquefied Natural Gas (LNG) regasification. According to GIE, the gas infrastructure is such critical one, delivering uninterrupted energy across Europe to continually produce electricity, fuel industry and transport, and provide affordable energy for cooking, heating and cooling.

Energy security is a key enabler for economic activity and an essential element of the recovery from the current crisis. As included in the G20 Extraordinary Energy Ministers Meeting Statement, issued 14 April 2020, “ensuring affordable and secure energy are key in addressing the health, well-being and resilience of all countries throughout the crisis response and recovery phases”.

Whilst some other markets are in decline during the crisis, GIE noted that LNG continues to be in high demand. According to the European Commission, in the fourth quarter of 2019, LNG became for the first time the second source of gas to the EU, covering 28 per cent of the total imports and increasing by 42 per cent year-on-year. This shows the important role that gas plays at any point in time in Europe, none less so than during the current challenging period, and demonstrates how LNG contributes to the pairing of economic recovery with Europe’s climate and energy objectives.

In addition to ensuring business continuity, LNG operators, like other gas infrastructure operators, are united in taking the risks of the coronavirus seriously and are adapting their operations to safeguard employees, with separated shifts, working from home and minimising paper handling through maximising electronic communications.

In Central and Eastern Europe, despite such additional challenges, Klaipėda liquefied natural gas (LNG) reloading station, has responded very well to the emergency, showcasing several accomplishments over the same period.

“Klaipeda LNG terminal operates without disruptions as natural gas consumption and LNG demand remains stable in the region,” explained Arūnas Molis, KN Klaipėda LNG director, in an interview with CEENERGYNEWS. “The turnover remains intense, there are no signs of cancelling any LNG cargos or being unable to unload them due to COVID-19 related circumstances.”

GIE’s vision is that by 2050, the gas infrastructure will be the backbone of the new innovative energy system, allowing European citizens to benefit from secure, efficient and sustainable energy supply.

Photo: GIE’s official website

Sign up for our newsletters

    Monthly newsletter – Delivering the most important energy stories of the month selected by our Editor-in-chief
    Weekly Oil&Gas roundup - All major news about the oil and gas industry, LNG developments, the upscaling of new gases and related EU regulations arriving in your mailbox every Monday.
    Weekly Renewables&Climate roundup - All major news about investments in renewable energy sources, environment protection, green hydrogen and new innovative ways to tackle the climate crisis arriving in your mailbox every Tuesday.

    Most Popular