News and insights
KN Energies and ORLEN Lietuva extend strategic cooperation
International energy terminal operator KN Energies has strengthened its strategic partnership with one of its largest clients, AB ORLEN Lietuva, a member of the Polish ORLEN capital group. As the ten-year transshipment contract term expires, new commitments for loading at the Klaipėda liquid energy products terminal have been signed for…
Klaipėda LNG terminal spot cargo capacity for April 2025 are now being allocated
Taking into account the provisions of the approved Regulations, the Company informs about the planned announcement of the invitation to submit applications for the acquisition of LNG Terminal spot cargo capacities: Size of spot cargo: 940,000,000 kWh ± 5%. Requests for different size of cargo are considered, however the priority…
KN Energies launches a selection process for an independent member of the Board
KN Energies announces the selection of an independent member of the Company's Board. The purpose of the selection process is to identify the most suitable candidate for the position of Independent Member of the Board in the area of Strategic Management, Change and Transformation. The Independent member of the Board…
Purchasing FSRU Independence saved EUR 8 million
KN Energies conducted one of the largest currency hedging transactions in the Lithuanian currency market when purchasing the FSRU Independence, fixing the exchange rate. This decision enabled the Company to save EUR 8.05 million compared to the exchange rate on the transaction day. Considering the current USD to EUR exchange…
Lithuania takes ownership of FSRU Independence – national flag raised aboard
On 6 December, an official ceremony marked the formal handover of ownership of the FSRU Independence to Lithuania and its registration in the Register of Seagoing Ships of the Republic of Lithuania, which was marked by the raising of the national flag aboard the vessel and the unveiling of its…
Klaipėda LNG terminal spot cargo capacity for February 2025 are now being allocated
Klaipėda LNG terminal operator, SC KN Energies (hereinafter referred to as the Company), informs natural gas market participants about the planned allocation of SPOT LNG cargo capacity of the LNG terminal under the conditions specified below. Allocated Spot cargo capacity for February 2025 is one of the four planned Spot cargo…
Public consultation regarding amendment to the regulations for use of the Klaipėda LNG terminal
KN, in accordance with the provisions set forth in the Rules on public consultation approved by the National Energy Regulatory Council (resolution No. O3-350, dated 28th of October 2011) is announcing a public consultation on the draft of the amendment of the Regulations for the Use of Liquefied Natural Gas…
Klaipėda LNG terminal spot cargo capacity for December 2024 are now being allocated
Klaipėda LNG terminal operator, SC KN Energies (hereinafter referred to as the Company), informs natural gas market participants about the planned allocation of SPOT LNG cargo capacity of the LNG terminal under the conditions specified below. Taking into account the provisions of the approved Regulations, the Company informs about the…
Klaipėda LNG terminal LNG regasification capacity for January-February 2025 are now being allocated
Klaipėda LNG terminal operator, KN Energies (hereinafter referred to as the Company), informs natural gas market participants about the allocation of unused LNG regasification capacity of the LNG terminal under the conditions specified below. Taking into account the provisions of the approved Regulations, the Company informs about the planned announcement…
Darius Šilenskis re-elected as CEO of KN Energies for another term
The Board of the international energy terminal operator KN Energies has reappointed Darius Šilenskis as the company's CEO for a second five-year term. His new term will begin on November 12 of this year. "Over the past few years, KN Energies has delivered excellent operational results and developed a…
KN Energies subsidiary starts operations in Germany
International operator of energy terminals KN Energies has incorporated a German subsidiary, KN Energies Deutschland GmbH, within its corporate group. The new company will be responsible for the efficient performance of its commitment to Deutsche Energy Terminal GmbH (DET), the German state-owned company, in the field of technical O&M services…
KN Energies’ employer campaign invites you to become engineers of independence and bring meaning to the words of the Lithuanian national anthem
International energy terminal operator KN Energies welcomes autumn with a new employer branding campaign aimed to highlighting the significant contributions of its employees in consolidating Lithuania's energy independence and building a sustainable future for the country. The heroes of this campaign are KN Energies employees, who work together every day…
