News and insights
KN Energies, Hoegh LNG Klaipėda and the Lithuanian Maritime Academy have agreed on the development of seafarers’ competences
On April 17th, the international operator of energy terminals AB KN Energies (KN), the technical operator of the floating storage and regasification unit (FSRU) Independence UAB Hoegh LNG Klaipėda, and the Lithuanian Maritime Academy (LAJM) signed a tripartite agreement, committing to developing and enhancing the competence of seafarers in the…
KN Energies signed a contract with FSRU Independence operator Hoegh LNG Klaipėda
On March 29, the international operator of energy terminals AB KN Energies (KN) signed a contract with UAB Hoegh LNG Klaipėda, according to which this company becomes the technical operator of the floating storage and regasification unit (FSRU) Independence of the country’s strategically important liquefied natural gas (LNG) terminal. Hoegh…
In 2023, KN Energies significantly improved its operational results
Diversification of services and investments in increasing flexibility and efficiency in the liquid energy product terminal segment, a high utilisation rate of the managed LNG infrastructure in Lithuania and a breakthrough in international LNG projects have led to strong financial results of AB KN Energies (KN) in 2023. According to…
Via extraordinary transhipment operation LNG from Klaipėda will be supplied to Inkoo LNG terminal
At the end of January, an extraordinary transshipment operation occurred at the Klaipėda LNG terminal, operated by the international energy terminal operator KN Energies. A record amount of 105 thousand cubic meters of liquefied natural gas (LNG) was transferred from the FSRU (Floating Storage and Regasification Unit) Independence to the…
KN Energies joined Gas Infrastructure Europe
AB KN Energies, a leading international energy terminal operator, announced its membership in the Gas Infrastructure Europe (GIE) association. It brings the European Association to 68 members from 25 countries. GIE is the voice of the gas infrastructure operators of Europe which work and innovate with LNG terminals, underground…
Allocation of unused LNG terminal LNG regasification capacities
Klaipėda LNG Terminal Operator (hereinafter – Company) informs natural gas market participants about the available unused LNG Terminal capacity on the secondary market. Taking into account the provisions of the approved Regulations, the Company informs that, having received a request from one of the terminal user regarding the planned non-utilization…
Tomas Tumėnas was appointed Chief Financial Officer of KN Energies
Tomas Tumėnas assumed the role of Chief Financial Officer (CFO) at the international energy terminal operator KN Energies AB on January 15. T. Tumėnas brings over 30 years of experience in various financial activities, including treasury, investment appraisal, mergers and acquisitions, and risk management. He served as the CFO…
Klaipėdos Nafta changed its name to KN Energies
On 10 January, the international operator of energy terminals SC Klaipėdos nafta is turning a new page in history by continuing its operations under the new legal name SC KN Energies. This name change reflects the company’s strategic changes and new long-term strategy to follow the path of sustainable energy…
KN becomes commercial manager of four German LNG terminals
International energy terminal operator KN (KN Energies AB starting 10th January 2024) is kicking off the year 2024 by securing the public tender for the commercial management of four German liquefied natural gas (LNG) terminals on the North Sea coast. The company has signed contract with Deutsche Energy Terminal GmbH…
KN resumes supply of diesel to Ukraine in ISO containers
International energy terminal operator AB Klaipėdos nafta (KN) resumes the supply of diesel to Ukraine in ISO containers. At the company's liquid products terminal in Klaipėda, 30,000 tonnes of diesel will be loaded into ISO containers and will be transported by rail to Ukraine via Poland. The company has…
Klaipėda LNG terminal spot cargo capacity for April 2024 allocation starts
Klaipėda LNG Terminal Operator (hereinafter – Company) informs natural gas market participants about the planned announcement of the commencement of allocation of LNG Terminal SPOT LNG cargo capacities for April 2024. Taking into account the provisions of the approved Regulations, the Company informs about the planned announcement of the invitation…
KN Klaipėda Liquid Energy Terminal sees record petrol throughput
The Klaipėda Liquid Energy Terminal, operated by the international energy terminal operator AB Klaipėdos nafta (KN), achieved a remarkable milestone over the weekend. A record-breaking 90,000 tonnes of petrol were loaded onto the tanker SKS DARENT, marking the largest petrol batch handled to date. This is the largest batch of…
