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Published: 23 july 2012 16:56

Minijos Nafta to do surveys for Lithuanian underground gas storage facility

Juliaus Kalinsko / 15min nuotr. / Gas
A consortium of Lithuania's Minijos Nafta, LL Investicijos and Poland's Diament was the sole bidder to carry out geological surveys for a new underground natural gas storage facility in Syderiai, in the northwestern district of Telšiai.

Lithuania's state-owned electricity production group Lietuvos Energija (Lithuanian Energy), which launched the tender, last Monday decided to conclude a contract with the consortium, which offered to do the work for 20.889 million litas (EUR 6.05m), according to information published on the Central Public Procurement Portal.

The contractor will have a year to set up boring sites and drill bores, and to work out a geological technical plan and to do surveying work.

Based on preliminary estimates, the Syderiai gas storage facility, seen as a key project in ensuring the country's energy independence, could store up to 1 billion cubic meters of gas. Decisions as to who will build the facility and who will finance it will be taken after all the surveys are completed.

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