News and insights
KN Energies and ORLEN extend contract for the use of the Klaipėda LNG reloading station capacity
International energy terminal operator KN Energies has extended its strategic partnership agreement with Polish energy company ORLEN for the use of the Klaipėda liquefied natural gas (LNG) reloading station capacity for a period of five years. The Polish company has been using the capacity of the station, which is…
Klaipėda LNG terminal spot cargo capacity for Winter 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…
Jurgita Šilinskaitė-Venslovienė has been appointed as Chief Corporate Affairs Officer at KN Energies
On 29 August, Jurgita Šilinskaitė-Venslovienė, who previously served as Head of LNG Commerce, has assumed the role of Chief Corporate Affairs Officer of international energy terminal operator KN Energies. She will be responsible for overseeing the strategy and management of the departments under the Corporate Affairs umbrella – Communications,…
KN Energies’ first half of 2024 was marked by the success of its international business and rising net profit
The successful implementation of the long-term strategy of KN Energies and the focused expansion of its activities outside Lithuania resulted in stable financial results of the Group for the first six months of 2024. In the first half of the year, KN Energies generated revenues of EUR 42.6 million, an…
Regarding the civil claim by the Company under the judgment of the court of appeal instance in the criminal case
On 3 July 2024 Lithuanian Court of Appeal (hereinafter – Court) has examined the criminal case concerning Arturas Urbutis, Antanas Urbutis, Svetlana Popova, Andrejus Vaičiulis, former general manager of AB Klaipėdos nafta (hereinafter – the “Company”, present AB KN Energies) Jurgis Aušra, former director of commerce of the Company Ričardas…
Third Baltic LNG & New Energies Forum Brings Energy Experts from Across Europe to Klaipėda
This week, Klaipėda is hosting the third Baltic LNG & New Energies Forum, which focuses on regional cooperation for energy security and a smooth energy transition. The international forum, organized in collaboration with the international energy terminal operator KN Energies, brings together over 150 participants from the European energy sector,…
Klaipėda LNG terminal spot cargo capacity for October 2024 allocation starts
Klaipėda LNG Terminal Operator SC KN Energies (hereinafter – Company) informs natural gas market participants about the planned announcement of the commencement of allocation of LNG Terminal SPOT LNG cargo capacities for October 2024. Taking into account the provisions of the approved Regulations, the Company informs about the planned announcement…
A unique weathervane marking the new chapter in the history of the LNG terminal vessel Independence tells the story of Lithuania’s freedom path
This year marks the tenth anniversary of the arrival of the Klaipėda LNG terminal vessel Independence, a key factor in Lithuania's energy independence. This milestone coincides with the transfer of ownership of this strategically important floating storage and regasification unit (FSRU) to Lithuania. To commemorate these events and to symbolize…
The European Commission grants PCI status to CO2 value chain project developed by KN Energies with partners
The European Commission has granted the status of Project of Common Interest (PCI) to the carbon dioxide (CO2) capture and transportation project in Lithuania and Latvia developed by the consortium named CCS Baltic Consortium. The consortium consists of Akmenės cementas AB, KN Energies, AB, Larvik Shipping AS, Mitsui O.S.K. Lines,…
Selection of candidates for CEO of AB KN Energies is announced
This year marks the end of the five-year term of office of Darius Šilenskis, CEO of AB KN Energies. In line with the highest standards of transparency and good governance practice, a selection procedure is being launched at the end of the CEO's term of office. By decision of the…
KN Energies communication to be led by Milda Ancevičė
On 8 May, Milda Ancevičė started her duties as the Head of Communications of international energy terminal operator KN Energies (KN). She will be responsible for shaping and implementing the company's communication strategy, managing relations with the public and the media, internal communication, and social responsibility projects. "Having…
KN Energies expands its activities in Germany to provide technical operation and maintenance services for the LNG terminal Wilhelmshaven 2
International energy terminal operator KN Energies, which started the year by winning a public tender for the commercial services for four floating liquefied natural gas (LNG) terminals on the German North Sea coast, operated by Deutsche Energy Terminal GmbH (DET), the state-owned operator of four terminals in Germany, is expanding…
