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Lithuanian Prime Minister Andrius Kubilius

A liquefied natural gas terminal will be built in Klaipeda by 2014 – the Lithuanian government’s objective is to achieve this as quickly as possible, informs the Lithuanian Prime Minister Andrius Kubilius.

The government intends to attain this goal as soon as possible to ensure alternative gas supplies. Moreover, judging from the current pace, it is likely the terminal will be completed by 2014, the agency ELTA cites the Lithuanian Prime Minister.

The Prime Minister emphasizes the terminal’s connection to the gas network will be no less challenging than the construction process itself.

Lithuania aims to build a terminal with annual capacity reaching two billion cubic meters of gas. Initial estimates suggest the terminal could cost 200 – 300 million euros. Usually, such construction takes 8 – 13 months.

Kubilius is confident the actual investments will start next year and the project will not be stopped even in case of the government change.