Type: | State controlled |
Location City: | Klaipėda |
Location Country: | Lithuania |
Key People: | Darius Šilenskis (CEO)[1] |
Industry: | Oil and gas industry |
Services: | Oil and LNG terminals operator |
Owner: | Ministry of Energy (Lithuania) (72.5%), Achema (10.4%) [2] |
KN Energies (KN) is an oil and LNG terminals operator based in Klaipėda, Lithuania. The company was founded in 1994. The company operates the Klaipėda Oil Terminal, Subačius oil terminal, Klaipėda LNG terminal, Açu LNG terminal (Brazil) and Klaipėda small-scale LNG reloading station.[3]
The Klaipėda Oil Terminal was commissioned on 27 November 1959 and its exported fuel oil from Soviet oil refineries in Yaroslavl, Perm, and Ryazan. As of today, the main customer of the terminal is the ORLEN Lietuva oil refinery in Mažeikiai.[4] The terminal serves also crude oil shipments to Belarus.[5]
See main article: Klaipėda LNG FSRU. KN Energies is an operator of the Lithuanian LNG terminal project. The consultant of the project was Fluor Corporation.[6] The terminal was launched on December 3, 2014.[7] The terminal is using a liquefied natural gas floating storage and regasification unit with a capacity up to 2e9m3 of natural gas per year.[8]