Dispute regarding the financing scheme of a Liquefied Natural Gas Terminal

Motieka & Audzevičius has successfully represented the operator of Lithuania’s natural gas transmission system which is in charge of the transmission of natural gas (transportation of natural gas through high pressure pipelines) to system users against a system user who is a leading manufacturer of nitrogen fertilizers and chemical products in the Baltic States in a dispute regarding the financing scheme of a Liquefied Natural Gas (LNG) Terminal.

Kaunas Regional Court acknowledged the position of our client as grounded and obliged the system user to pay approximately 19 million EUR.

This decision is of great importance as it ensures the financing of the LNG Terminal project which is one of the most important of Lithuania’s energy projects aimed at improving the energy security situation and creating conditions for a natural gas market.