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Denbury Resources Inc. Message Board

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  • harehau harehau May 20, 2011 10:35 AM Flag

    ECRI Indicators Update

    All, Cheniere potential LNG exports to Lithuania. Harold

    "Today we signed an MOU with Cheniere to initiate discussions on natural gas supply options and the optimal structure under which Cheniere would be the future LNG supplier for our Klaipeda LNG receiving terminal project being designed with an initial LNG import capacity between 1.5 to 2.2 million tonnes per annum ("mtpa"), with expansion capabilities. Due to intensive shale gas developments, the U.S. has the potential to become a meaningful exporter of natural gas, which would not only benefit our project but our country as well, by providing a more diversified source of supply in Lithuania and boosting energy security," said Rokas Masiulis, General Manager of Klaipedos Nafta.

 
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