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, including international experts and decision-makers.

This year's event emphasizes increasing Europe's LNG supply capacity and adapting existing energy infrastructure to meet future energy needs and reduce carbon dioxide (CO2) emissions. It also highlights the importance of regional cooperation in developing energy infrastructures suited to new energy sources, such as hydrogen, offshore wind, and biomethane, which will play crucial roles in achieving Europe's climate goals.

"Europe now has two key energy goals: to move rapidly towards climate neutrality and to secure its energy needs and stable supply while minimizing geopolitical risks. Reconciling these objectives requires coordinated action and the development of necessary infrastructure. New challenges and objectives dictate essential changes in the energy system transformation, which we have the opportunity to discuss at the Forum," said Inga Žilienė, Lithuanian Vice-Minister of Energy. The Vice-Minister reviewed the main aspects of the National Energy Independence Strategy, addressing key issues at the event.

To emphasize the importance of new energy sources and the growing industry focus on them, this year's event has been renamed from the Baltic LNG and Gas Forum to the Baltic LNG & New Energies Forum.

"With the climate neutrality deadline looming, Europe and our region need to accelerate energy transformation while ensuring energy security and independence. This requires cooperation between countries, which is a precondition for a stable and assured transition from strategic dependencies and CO2-intensive energy to climate-oriented infrastructure. The Baltic LNG & New Energies Forum is a relevant and timely platform for promoting such cooperation and finding the best solutions, which is particularly relevant to KN Energies as it aims to become climate neutral by 2050," said Darius Šilenskis, CEO of KN Energies.

According to Darius Šilenskis, Lithuania has valuable experience in achieving energy independence, and Klaipėda's role as a regional hub for LNG and terminal services makes the country strategically important for the Baltic region's energy supply chains. It is therefore no coincidence that energy experts and industry representatives are gathering in Klaipėda.

During the Forum, industry experts, company and association representatives, regulators, and decision-makers from various countries gave presentations, commented on case studies, and reviewed the latest trends in the sector.

Topics included the potential of new energy sources, the role of LNG in the green transformation, market forecasts for LNG products, the potential role of Ukraine's gas infrastructure in securing Europe's energy independence, and discussions on technological innovations in energy infrastructure, among others.