News and insights
GAS FROM LITHUANIAN LNG TERMINAL WILL BE STORED IN THE LATVIAN INČUKALNS STORAGE FACILITY FOR THE FIRST TIME
The liquefied natural gas (LNG) terminal in Klaipėda operated by KN is likely to accept LNG from the USA for the first time this summer and the user of the LNG terminal, UAB Lietuvos dujų tiekimas, plans to store part of the LNG to be acquired this summer in the…
THE BLUE BALTICS PROJECT EVALUATED IN EUROPE
The Blue Baltics project coordinated by KN (Klaipėdos Nafta, AB), an operator of oil and liquefied natural gas (LNG) terminals, has won an award in the Infrastructure category at the Baltic Sea Forum (BSF) Awards in Berlin. The project that forms a basis for the LNG value chain in the…
KN TO INVEST EUR 35 MILLION TO INCREASE COMPETITIVENESS OF KLAIPĖDA OIL TERMINAL
The management board of KN (AB Klaipėdos Nafta), the operator of oil and liquefied natural gas (LNG) terminals, has taken decisions on the conclusion of agreements with contractors to carry out the expansion works of the light oil products’ storage tank park of the Klaipėda oil terminal and build new…
USERS WILL ACTIVELY USE THE LNG TERMINAL IN UPCOMING YEAR AS WELL
KN (AB Klaipėdos Nafta), operator of oil product and liquefied natural gas terminals, has signed contracts with three LNG terminal users, who allocated part of the terminal capacity before the start of the new gas year. The capacity of KN’s Klaipėda LNG terminal, which has ensured the supply of natural gas…
KN CARGO TURNOVER GROWS FOR THIRD MONTH IN A ROW
In May, oil and liquefied natural gas (LNG) terminal operator KN (AB Klaipėdos Nafta) reloaded the most oil products it has since the beginning of the year. The growth in transhipment was conditioned by the resurgent supply of transit cargo. Cargo turnover at the Klaipėda and Subačius oil terminals in May 2017…
STUDENT INTERNSHIP AT ‘INDEPENDENCE’ HAS STARTED
Today AB Klaipėdos nafta (KN), operator of oil and liquefied natural gas terminals, Hoegh LNG Klaipėda, the Lithuanian Maritime Academy, and two selected students concluded cooperation agreements on technology internships at ‘Independence‘ floating storage and regasification unit (FSRU). Two students of the Lithuanian Maritime Academy, Agnė Putriūtė and Dmitri…
ALLOCATION OF LNG TERMINAL CAPACITIES STARTED
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 2017. Capacities are allocated in advance, before the end of the current gas year, with…
MEMORANDUM OF UNDERSTANDING SIGNED BY KN AND FLUXYS
11 April 2017 – Operator of oil and liquefied natural gas (LNG) terminals AB Klaipėdos nafta (KN) as part of a Lithuanian energy delegation visited Fluxys’ Zeebrugge LNG terminal and its small-scale LNG facilities in Belgium. Both companies agreed in a memorandum of understanding (MoU) to collaborate closely in the…
THE NEW CEO OF KN APPOINTED
Operator of oil products and liquefied natural gas terminals KN, in order to increase its competitiveness in the Baltic Sea Region and Europe, proactively implementing the good management recommendations, following the open and public competition for chief executive officer organised, appointed the new CEO – Mindaugas Jusius. Mindaugas Jusius shall…
KN AND ORLEN LIETUVA STRENGTHEN THEIR COOPERATION BY SIGNING A NEW AGREEMENT
The operator of oil and liquefied gas (LNG) terminals AB Klaipėdos Nafta (KN) and AB Orlen Lietuva have signed an agreement on petrol and diesel loading using the KN’s modernised tank truck filling station. Under this long-term agreement, petrol and diesel will be loaded onto tank trucks. KN and Orlen…
THE RISE OF THE FSRU
Written by Tadas Matulionis, Director of LNG Terminal at KN. Tadas will be speaking at Flame this May in Amsterdam on "New small scale LNG markets" In comparison to its big brother – Oil – the LNG industry is used to a casual revolution once in a while. What will…
BLUE BALTICS’ – LNG VALUE CHAIN WILL INTERCONNECT FOUR COUNTRIES
On 14 March, the 'Blue Baltics' project partners met for the first time in Klaipėda and discussed the infrastructure synchronisation of the Baltic Sea Region liquefied natural gas (LNG), perspectives, project progress. The European Coordinator for the Motorways of the Sea (MoS) Brian Simpson attended the meeting and introduced the…
