Lithuanian Port Eyes Ukraine Expansion, Invests in Green Hydrogen

Lithuanian port authorities are actively seeking opportunities to expand their operations into Ukraine, signaling a strong interest in contributing to the country's post-war reconstruction. According to A. Latakas, a representative involved in these discussions, there are existing contacts within Ukraine, including with politicians and business representatives.

"If an opportunity to expand into Ukraine arises, we will definitely take advantage of it," Latakas stated during a podcast interview. He emphasized that the primary focus is not solely financial, but also on participating in the rebuilding efforts. "When rebuilding Ukraine, responsibilities will likely be divided among states. If Lithuania has to contribute to the reconstruction of a port quay, terminal development, or another project, we would be prepared for that," he added.

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If an opportunity to expand into Ukraine arises, we will definitely take advantage of it.

Specific interest has been shown in the port of Chornomorsk, located in southern Ukraine. Latakas mentioned that a tender process has already begun, and the Klaipėda port could potentially participate in its later stages. This potential involvement underscores Lithuania's commitment to supporting Ukraine's economic recovery and infrastructure development.

Beyond international expansion, the Klaipėda port is also making strides in renewable energy. It has become Lithuania's first producer of green hydrogen, with the first production occurring on April 27. This pilot project signifies a significant advancement in the adoption of hydrogen technology within the country, with the port actively promoting its use.

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When rebuilding Ukraine, responsibilities will likely be divided among states. If Lithuania has to contribute to the reconstruction of a port quay, terminal development, or another project, we would be prepared for that.