The bank has said that it is currently assessing an application from Klaipėdos Nafta (Klaipėda Oil), the LNG facility project developer, for a 73-million-euro loan. Unofficial sources said that the bank’s decision would certainly be positive.
“The project is a critical component of Lithuania’s energy strategy in line with the EU regulation on security of supply and specifically the N-1 principle, which requires backup for gas supply failures and diversification of energy sources,” EIB said in the project description.
