Opened market research of LNG terminal project developers

The Cabinet of Ministers on 19 April decided that a liquefied natural gas terminal project should be implemented in Latvia. At the same time, the Cabinet of Ministers decided that the Ministry of Economics should submit to the Cabinet of Ministers by 31 May 2022 an assessment of the benefits and costs of identified potential liquefied natural gas terminals, offering the most optimal solution for ensuring the security of natural gas supply in Latvia in a cost-effective way, meanwhile providing much needed flexibility and alternatives for LNG import regionally.

In view of the above-mentioned, the Ministry of Economics is organizing a public market research on the projects of liquefied natural gas terminal.

Project developers are requested by 13 May 2022 to complete and submit to the Ministry of Economics the application form available here.

A description of the detailed market research procedure is available here.