News and insights

Fake news has already become a ubiquitous and universally understood concept across the public domain. Having shocked all those who grew up in those times when information published in the media was treated as an absolute truth, it has gradually made us aware of the ongoing information war.   For…

Mindaugas Jusius, CEO of KN (AB Klaipėdos nafta), the operator of oil products and liquefied natural gas terminals, decided to leave the organisation for personal reasons. The Board of KN was officially informed about the resignation from the office. Mindaugas Jusius will act as CEO of KN until the end…

It is the third summer that maritime students are offered to practice on the LNG storage vessel Independence. This possibility has been stipulated in the student practice agreement signed between KN (AB “Klaipėdos nafta”), the operator of oil products and liquefied natural gas (LNG) terminals, the owner of the LNG…

Klaipedos nafta, AB, (hereinafter – the Seller) hereby informs about the announcement of sales auction (hereinafter – the Auction) of dark oil products in bulk (hereinafter – the Product). The Auction shall be performed in accordance with the Rules of auctioning of the oil products in bulk of Klaipėdos nafta,…

The favourable situation on the international gas markets determine not only the most intensive operation in the history of Klaipėda LNG terminal, but also enhances the range of the terminal’s clients. At the end of May, a new client started to use the services of the Klaipėda LNG terminal. This…

Seeking to increase operating efficiency, KN (AB Klaipėdos Nafta), the operator of oil and liquefied natural gas (LNG) terminals, starts a process of clarification of its operations. The Company is going to transfer its regulated activities, namely, the activities related to the management and maintenance of the Klaipėda LNG Terminal,…

The favourable situation in the international gas markets has been determining the highest operative efficiency of Klaipėda LNG terminal since the launch of its activities. Over the first days of May up to 95% of the natural gas that reached Lithuanian consumers were supplied from Klaipėda LNG terminal.  In April,…

357 employees of KN (AB “Klaipėdos nafta”), the operator of oil products and liquefied natural gas (LNG) terminals, became the shareholders of the company. Their share of the total number of the KN shares amounts to 0.2%.  KN is the first state managed company in the country to pay part…

KN (AB Klaipėdos nafta), the operator of oil and LNG terminals, has included private health insurance in the package of employee motivational benefits this year as well. The country’s largest non-life insurance company Lietuvos draudimas provides this additional benefit to more than 360 KN’s employees.   “For the third year…

In the first quarter of this year, the operator of oil and liquefied natural gas (LNG) terminals KN (AB Klaipėdos nafta) faced environmental challenges that made it focus on the increase of operational efficiency and more actively search for additional cooperation opportunities with current and potential clients. This had a…

KN (AB “Klaipėdos nafta”), the operator of oil products and liquefied natural gas (LNG) terminals, and the German company “Nauticor” have agreed on the sale of KN’s 10% stake in the charter contract of Kairos, the world’s largest LNG bunker supply vessel to Nauticor. As a consequence of this transaction,…

KN (AB Klaipėdos nafta), the operator of oil and liquefied natural gas (LNG) terminals, has started a yearly procedure, i. e. allocation of LNG terminal capacities for the new gas year which begins on 1 October 2019. Capacities are allocated in advance, before the end of the gas year, according…