Ignitis to enter into a long-term LNG purchase agreement

Barchart · 4d ago

UAB Ignitis (hereinafter – Ignitis), following the call for binding offers for the long-term supply of liquefied natural gas (LNG) announced on 25 August 2026, will enter into a long-term LNG purchase agreement for the period 2027–2036 with a subsidiary of EQT Corporation, which submitted the best offer in the tender process. EQT Corporation is one of the largest natural gas producers in the United States, actively expanding its activities across the LNG value chain and developing long-term LNG supply to international markets. Under the agreement, Ignitis will commit to purchasing 10 LNG cargoes, consisting of one cargo (approx. 1 TWh) per year.

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