Press Release: State aid: Commission authorises €448 million aid for construction of Lithuanian LNG terminal

The European Commission on 20 November 2013 found that aid for the construction and operation of a Liquefied Natural Gas terminal, to be developed in the Klaipėda Seaport in Lithuania by AB 'Klaipėdos nafta', complies with EU state aid rules. The project aims at increasing the security of gas supply within Lithuania by diversifying its supply sources. The Commission concluded that the aid furthers EU energy goals without unduly distorting competition as the development of the LNG terminal will integrate Lithuania into the EU gas market and will stimulate competition on the Lithuanian gas markets.