Darius Bručkus
Head of Prevention
KN Energies’ mission is to ensure safe, reliable and efficient access to the global energy market by sustainably developing, operating and investing in multifunctional liquefied natural gas terminals worldwide. Our goal is to support our clients in the transition to cleaner energy while maintaining their competitiveness.
The purpose of the corporate governance system is to support value creation and accountable management, contributing to the long-term success of KN Energies.
The Articles of Association of AB KN Energies are the primary document governing the Company’s operations. They define the legal form, objectives, governance structure, shareholder rights and the procedures for adopting key decisions. The Articles describe how the Company operates, the principles guiding decision-making and the powers of shareholders and governing bodies.
View ViewAB “KN Energies” (KN) mission is to ensure safe, reliable and efficient access to global energy markets by sustainable development, investment and operation of multi-functional terminals worldwide.KN aim is to assist our customers on cleaner energy transition and to maintain their competitiveness. The purpose of corporate governance is to support value creation and accountable management, and thus to contribute to the long-term success of KN.This Corporate Governance Policy of KN lays out the main approaches, requirements, and principles of corporate governance as well as commitments of KN and its subsidiaries in this area.
Download DownloadOn August 2025, the Ministry of Energy of the Republic of Lithuania, which owns 72,47 percent of shares of AB KN Energies, has issued a Letter of Expectations outlining strategic directions and performance goals for the Company and its subsidiaries. This document serves as a guiding framework for short, medium, and long-term planning and is aligned with national energy policy and corporate governance standards.
Download DownloadThe Company’s Board approved Risk Management Policy that regulates risk management, defines risk management principles and responsibilities, functions and responsibilities of the Chief Risk Officer as well as sets risk appetite and tolerance limits. The risk management system is developed in accordance with the ISO 31000 guidelines. The list of principal risks and the risk management plan are provided to and approved by the Company’s Board each quarter. For more information on the main risk factors and risk management, please refer to the management reports of KN, which are submitted with the annual operational and financial reports.
View ViewThis policy defines KN Energies’ commitments within the quality, environmental, and occupational health and safety management system, aimed at meeting the expectations of all stakeholders and ensuring continuous improvement of the Company’s operations.
View ViewThe Stakeholder Policy sets out the principles and guidelines for developing KN Energies’ relations with stakeholders, ensuring the ability to identify key topics relevant to stakeholders as the Company grows its business sustainably.
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KN operates responsibly and sustainably, adheres to the highest standards of business ethics, therefore does not tolerate any form of corruption in its activities and advocates honest business and transparent communication with all interested parties.
In order to improve the corruption-resistant environment, KN participates in the project “Transparency Academy” organized by the Special Investigation Service of the Republic of Lithuania.
The principles and concepts defined in KN Code of Conduct embody the commitment to conducting our business globally with the highest levels of ethics and integrity. Code of Conduct describes the way we work at KN and it guides us in KN business relationships. It contains our values and sets the standard for our actions and decision making. The Code helps us to build long term relationships with our colleagues, customers, suppliers, authorities, business partners, and other stakeholders.
View ViewThe purpose of the Anti-Bribery and Anti-Corruption Policy is to establish the main principles and requirements of KN and to define the main guidelines for compliance.
The company is committed to conducting its business in accordance with the laws, rules and regulations applicable to its activities and in accordance with the highest standards of business ethics. KN seeks open competition, ethical business conditions, and proper transparency for its operations, and is therefore constantly engaged in preventing corruption.
The company explicitly speaks out against bribery, fraud, extortion of property, creation of fraudulent accounts, performance of unofficial or improperly registered transactions, the accounting of fictitious expenses, the use of forged documents and other forms of corruption mentioned in the United Nations Convention against Corruption.
View ViewKN publishes a list of positions whose holders are required to declare private interests in accordance with the Law of the Republic of Lithuania on the Coordination of Public and Private Interests — by submitting data through the PINREG register of the Chief Official Ethics Commission (VTEK).
Private interests must also be declared by KN employees involved in procurement processes.
The objective of the 2023–2024 Corruption Prevention Action Plan for the institutions under the governance of the Ministry of Energy of the Republic of Lithuania and the Minister of Energy is to ensure long-term, effective and targeted corruption prevention within the Ministry of Energy and in the institutions assigned to the Minister’s area of governance. The plan also aims to improve existing and introduce new corruption prevention measures, thereby increasing transparency and openness of the institutions under the Ministry’s governance, as well as strengthening the resilience of employees to corruption.
The purpose of the corruption likelihood assessment is to evaluate one or more areas of activity of a public sector entity from an anti-corruption perspective, in order to identify corruption risks and/or risk factors that may create conditions for employees or other persons to commit corruption-related offences, and to determine measures to reduce or eliminate the identified risks.
We aim to ensure that only employees of impeccable reputation work at KN. By ensuring their reliability, we also create an environment that is more resilient to corruption. Under the Corruption Prevention Law, the Company must approve a list of positions for which a request is submitted to the Special Investigation Service (STT) to provide information about the person. STT provides information within the scope defined by law.
When making decisions on appointments, KN carefully evaluates all information received and available.
To reduce the likelihood of corruption risks, KN applies enhanced due-diligence procedures not only for its employees but also for business partners.
Anti-corruption education is an activity aimed at increasing awareness, competence and attitudes related to corruption prevention. Committed to transparent operations, KN continuously strengthens the knowledge and awareness of its team through lectures, seminars, discussions, methodological support and other activities aimed at fostering a corruption-resistant environment. Employees are also encouraged to use training materials provided by other institutions. Our initiatives include:
The STT e-learning platform provides professional anti-corruption training materials for civil servants and all individuals interested in building a corruption-resistant environment. Upon completion of the courses, users receive certificates that may be recognised as professional development. This platform is an excellent alternative to traditional anti-corruption training, offering modules on topics such as the concept of corruption, corruption-related criminal offences, conflicts of interest, gift policy, whistleblower protection and more.
Log in Log inThe Transparency Academy is a platform for sharing good anti-corruption practices, where leading transparency experts with extensive experience provide insights and recommendations on how to create a corruption-resistant environment within organisations. KN participates in the Transparency Academy project organised by the Special Investigation Service (STT), with best-practice exchanges initiated by the President of the Republic of Lithuania.
Watch WatchDarius Bručkus
Head of Prevention
+37066591617
You can report suspected, ongoing or potential violations by emailing [email protected] or via the anonymous form “Report”.
Information on the funds allocated for AB KN Energies public communication is available in the Public Information Producers and Disseminators (VIRS) Information System.
| VIRS provider | Year | Amount received under contract / administrative act (EUR) | Source of funds | Source code | Type of contract | Related VIP |
|---|---|---|---|---|---|---|
| UAB “VERSLO ŽINIOS” | 2025 | 1450 | AB “KN Energies” | 110648893 | Publicity services contract | vz.lt |
| UAB “BNS” | 2025 | 4200 | AB “KN Energies” | 110648893 | Other contract or administrative act | www.bns.lt |
| UAB “INK agency” | 2025 | 16493,5 | AB “KN Energies” | 110648893 | Other contract or administrative act | Not related to VIP |
| UAB “Lietuvos sveikata” | 2025 | 160 | AB “KN Energies” | 110648893 | Other contract or administrative act | Not related to VIP |
| UAB “VERSLO ŽINIOS” | 2025 | 577,04 | AB “KN Energies” | 110648893 | Other contract or administrative act | Not related to VIP |
| We Are Marketing, UAB | 2025 | 14737,5 | AB “KN Energies” | 110648893 | Other contract or administrative act | Not related to VIP |
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