FSRU ''Independence'', delivered in March 2014 is a

LNG carrier An LNG carrier is a tank ship designed for transporting liquefied natural gas (LNG). Overview The first oceangoing liquified natural gas tanker in the world was '' Methane Pioneer'', which entered service in 1959 with a carrying capacity of ...

designed as a floating LNG storage and regasification unit (FSRU) owned by KN Energies (previously owned by Höegh Evi) to be used as a LNG import terminal in

Lithuania Lithuania, officially the Republic of Lithuania, is a country in the Baltic region of Europe. It is one of three Baltic states and lies on the eastern shore of the Baltic Sea, bordered by Latvia to the north, Belarus to the east and south, P ...

. The vessel can store of

natural gas Natural gas (also fossil gas, methane gas, and gas) is a naturally occurring compound of gaseous hydrocarbons, primarily methane (95%), small amounts of higher alkanes, and traces of carbon dioxide and nitrogen, hydrogen sulfide and helium ...

and can supply all of Lithuania's need for natural gas. The vessel started operating in the autumn of 2014. Built by

Hyundai Hyundai is a former South Korean industrial conglomerate ("''chaebol''"), which was restructured into the following groups: * Hyundai Group, parts of the former conglomerate which have not been divested ** Hyundai Asan, a real estate construction ...

in South Korea, it arrived at

Klaipėda Klaipėda ( ; ) is a city in Lithuania on the Baltic Sea coast. It is the List of cities in Lithuania, third-largest city in Lithuania, the List of cities in the Baltic states by population, fifth-largest city in the Baltic States, and the capi ...

on 27 October 2014, after a five-month cruise. Charterer KN Energies has made a decision to purchase the FSRU from its owner Leif Höegh & Co no later than December 2024 which marks the end of 10-year term lease agreement executed between the parties. On 6 December 2024, the Klaipėda LNG terminal operator, the state-owned KN Energies (formerly Klaipėdos Nafta), officially bought the FSRU from the Norwegian company Höegh Evi (formerly Hoegh LNG) for USD 153.5 million, and the same day the FSRU was registered in the Lithuanian Register of Sea Ships. At the takeover ceremony, the Lithuanian state flag was hoisted on the FSRU and homeport changed from Singapore to

.https://www.kn.lt/en/news/news/lithuania-takes-ownership-of-fsru-independence-national-flag-raised-aboard/8916

References

External links

"At Anchor Off Lithuania, Its Own Energy Supply"
article in ''

The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...

'' July 4, 2013
"Gas terminal will serve to strengthen Lithuania's energy independence"
, press release
"LITHUANIA FSRU"
LITHUANIA FSRU, information from the shipowner Höegh
AFTER 2024 FSRU INDEPENDENCE WILL STAY IN LITHUANIA
press release {{DEFAULTSORT:Independence Floating liquefied natural gas terminals 2014 ships Ships built by Hyundai Heavy Industries Group