News and insights
Lithuanian LNG terminal services demand triples
LNG terminal operator SC Klaipedos Nafta entered into two new contracts with the biggest national gas market participants – JSC "Lietuvos dujų tiekimas" and SC “Achema”. LNG terminal capacity utilization contract is concluded for the period until 30th September 2016. For this period LNG terminal will receive 12 cargoes. "Literally,…
Klaipedos Nafta jointly with Klaipeda University promotes a new study program
Klaipedos Nafta and Klaipeda University last week participated in Study fair held in Kaunas and presented a new study program – liquefied natural gas (LNG) terminals engineering. Prospective students, who are seeking bachelor's degree will be invited for new studies in the coming fall. This is a new and promising…
Klaipedos Nafta welcomed the longest tanker in company’s history
Almost 281 m in length tanker "HRVATSKA" has moored at the second berth of SC Klaipedos Nafta. In company's history this is the longest tanker. So far, the longest tanker ever moored at SC Klaipedos Nafta berths was "HS Alcina" with the length of 275 meters. She entered Klaipeda port…
LNG engineering – future outlook
For the first time in an educational institution Klaipeda Lyceum event organized by the Career Day and Career Night, Klaipedos Nafta liquefied natural gas (LNG) terminal engineers gave lectures for schoolchildren of 8-12 classes about a new study program at Klaipeda University (KU) starting from September – LNG engineering. During…
SC Klaipedos Nafta end year on growing results
In December last year SC Klaipedos Nafta’s cargo handling grew by almost 9 percent and throughout 2015 annual cargo turnover increased by more than 15 percent. Such results were mainly caused by company’s new transshipment contracts and oil producers’ favorable global margins. According to preliminary AB Klaipedos Nafta transshipment…
Created LNG business and science cluster
On the 11th of December SC “Klaipedos Nafta” and partners – academic and business organizations – have signed a letter of intent regarding liquefied natural gas (LNG) cluster development. The main purpose of this cluster is close cooperation for better exploitation of LNG economic potential, common development of LNG related scientific…
“Klaipedos Nafta” will cooperate with the Spain in developing LNG standards
SC “Klaipedos Nafta” and Spanish Association for Natural Gas for Mobility (GASNAM) have signed reciprocal Memorandum of Understanding by which the parties agree to cooperate in the standardization of liquefied natural gas (LNG) use. According to Memorandum of Understanding signed between SC “Klaipedos Nafta”and GASNAM, it will aim to…
Klaipedos Nafta’s eleven months cargo turnover has already exceeded the total volume of cargo reloaded last year
SC Klaipedos Nafta within 11 months of this year handled 5,76 million tons of oil products while throughout the last year it had been handled totally 5,5 million tons. Larger cargo flows led to 18 percent increased income. SC Klaipedos Nafta through Klaipeda oil terminal and Subačius fuel base…
Klaipedos Nafta won the name of the best Oil Terminal
Last week in St. Petersburg (Russian Federation) SC Klaipedos Nafta won two prizes in the 10th crude oil, LPG and petroleum products Congress: "Sustainability 2015” and the main prize – the “Grand Prix 2015”. On the first day of the congress, held every third year, Klaipedos Nafta, which manages…
Klaipedos Nafta resumed Belarusian VGO handling
After nearly ten years break SC Klaipedos Nafta oil terminal handles oil product from Belarus – vacuum gas oil (VGO). The company has previously handled a relatively small VGO product batches from Russia, but now has collected and is currently loading a standard market-size VGO cargo. The Company, operating…
Bomin Linde LNG and Klaipedos Nafta Establish Joint-Venture for LNG Bunker Supply Vessel
November 24th, SC Klaipedos Nafta and Bomin Linde LNG GmbH & Co. KG have signed a contract to establish a joint-venture. The agreement sets up a new company, Blue LNG, which is going to implement the LNG Bunker Supply Vessel project. The Hamburg-based Bomin Linde LNG will hold 80 percent of…
European Union funding for construction of LNG reloading station
This year SC “Klaipedos Nafta”AB should get the first EU financial injection for construction of liquefied natural gas (LNG) reloading station – financing agreement has been signed according to the project „HEKLA – Helsingborg & Klaipeda LNG Infrastructure Facility Deployment”. The contract provides that the majority (~60 percent or about…
