"Expansion and new services will make the terminal more attractive and efficient in the region since our goal is to be the main terminal, through which Belarusian oil products are exported," said Mantas Bartuska, head of Klaipedos Nafta.
The company will make investments from its own funds and loans, as well as from the EU funds.
In mid-July, the European Commission announced about plans to give over EUR 10 million for investments in LNG infrastructure projects in the Baltic Sea region. The first payment from the EU is expected this October.
Construction of the LNG station in Klaipeda is planned to be completed in early 2017.
