News and insights
During the first year of the PGNiG operations in Klaipeda the fifth cargo reached the KN LNG reloading station
Polish Oil and Gas Company (PGNiG) received the fifth cargo of liquefied natural gas (LNG) at the Klaipėda LNG reloading station, operated by KN. During the first full year of its use, PGNiG loaded 327 tank trucks with a total volume of 5,856 tons of LNG for sale. At…
Symbolic milestones reached in Klaipėda LNG reloading station
Klaipėda LNG (liquefied natural gas) reloading station operated by KN (AB Klaipėdos nafta) has reached double achievement: the 1000th LNG truck loading operation (counting since the start of operations of this facility), as well as the 300th LNG truck loading for the Polish company PGNiG, the sole user of the…
Highlights of KN in 2020: managed pandemic challenges and new step in international business
The activities of the oil and liquefied natural gas (LNG) terminal operator KN in 2020 were mostly affected by the slowdown in the global economy caused by the coronavirus pandemic, leading to a drop in demand for petroleum products and stabilizing oil refining margins in record lows. Despite these global…
The beginning of 2021: more than 200 operations at Klaipėda LNG terminal
The new calendar year in Klaipėda Liquefied Natural Gas (LNG) terminal began by exceeding 200 LNG operations, counting from the beginning of the LNG terminal operation. From December 31st to January 1st, the 200th loading operation was performed from a small-scale LNG carrier, and on January 2-3 the loading was…
KN joined Lithuanian shipowners association
KN (AB Klaipėdos Nafta) from 1st of January 2021 became a member of the Lithuanian Shipowners Association (LLSA). It is important for KN to participate in the activities of LLSA and to contribute to better and more sustainable shipping, the creation of its business environment, and the improvement of the…
KN allocated the budget, intended for presents, to the philanthropic project
For two consecutive years, KN (Klaipėdos nafta AB) has allocated funds to support lonely underprivileged elderly people, on behalf of the clients and partners. Last year, the company brought joy to 40 elderly people by delivering festive packages containing various food products and chemist’s cheques. This year, the company…
Need for biofuels is dictated by environmental requirements
This year, a record number of biofuels – ethanol, fatty acid methyl ester (RRME) and hydrogenated vegetable oil (HVO) – were handled at Klaipėda oil terminal operated by KN (AB Klaipėdos nafta). Compared to 2019, the handling of these biofuels increased 8 times. The market demand for these cargoes is…
Information about Belorussian oil products transshipment in Klaipeda
BNK (UK) Limited informed KN about the temporary suspension of oil products sales through Klaipėda. In the future tenders announced by BNK Klaipėda will not be indicated as their sales point. All contracts between BNK and KN remain in force, but the contractual obligations are suspended until further notice. Cargo,…
Lithuanian LNG terminal’s results in 2020 exceeded expectations
Comment by Mindaugas Navikas, Chief Sales Officer of KN The high utilization rate of the Lithuanian Liquefied Natural Gas (LNG) terminal, the highest so far result of regasification, the flexibility and ability to respond to rapidly changing market conditions, and most importantly, reduced natural gas prices at the regional…
KN is preparing to reload the bitumen
KN (AB Klaipėdos Nafta), the operator of oil and liquefied natural gas (LNG) terminals, concluded an agreement with UAB Elektrėnų energetikos remontas on the reconstruction and adaptation of two storage tanks for bitumen loading. These tasks are scheduled for completion in the second half of the next year. The agreement…
KN has joined Lithuanian Hydrogen Platform
The Ministry of Energy and 19 organisations, including the Ministry of Economy and Innovation, the Ministry of Transport and Communications, business associations and large energy companies, have signed an agreement on the establishment of a hydrogen platform in Lithuania. The signatories have agreed to cooperate in the creation and development…
BW Lilac will deliver its first LNG cargo to Klaipėda LNG terminal
It is planned that the gas carrier BW Lilac will arrive at the liquefied natural gas (LNG) terminal operated by KN (AB Klaipėdos Nafta) on December 2nd and deliver LNG from the US port of Louisiana. This is the first visit of the gas carrier BW Lilac to Klaipeda port….
