Lithuanian liquefied natural gas (LNG) terminal operator Klaipedos Nafta (KN) has announced that Norwegian capital company Hoegh LNG Klaipėda will serve as a technical operator for the floating storage and regasification unit (FSRU) Independence of the Klaipėda terminal for a minimum of five years.
Following the conclusion of the annual Klaipeda LNG terminal capacity allocation procedure by the Lithuanian LNG terminal operator Klaipedos Nafta (KN), the terminal’s 6 terawatt-hour (TWh) regasification capacity for the 2024 terminal gas year has been allocated to four customers from Lithuania and
Lithuanian LNG terminal operator Klaipedos Nafta (KN) has introduced its new corporate strategy for the period 2023-2050 which is centred around the efficiency of current activities, preparation for the energy transformation and transition towards activities in the new energy field. The strategy, wh
Methanol producer and supplier Proman has signed a memorandum of understanding (MoU) with the Lithuanian Port of Klaipeda to support the implementation of future methanol bunkering in or near the port. Under the MoU, Proman will support the Lithuanian port in planning, designing and implementing fut
Two tenders have been canceled for a submarine interconnection project that is set to link Lithuania’s and Poland’s electricity systems due to exceeding the investment budget in the offers. Lithuanian transmission system operator (TSO) Litgrid has decided to cancel the procedure for selecting a cabl
Klaipedos Nafta AB (KN), the developer and operator of petrochemical and LNG terminals, and SK E&S, which is responsible for energy sectors such as LNG, renewables and hydrogen within the SK Group, have signed a Framework Agreement on cooperation opportunities in the field of international LNG busin
German transmission system operator (TSO), 50Hertz, and Estonia’s TSO, Elering, have signed a Letter of Intent to jointly develop a hybrid submarine cable project called Baltic WindConnector in the Baltic Sea between Estonia and Germany. The Baltic WindConnector will be around 750 kilometres long an
The “transition” part of the energy transition is beginning to show a more defined shape with each passing day as witnessed in a week behind us that was filled with announcements favoring the net-zero future coming from governments and all the way to private offshore energy companies. Industry major
An international tender for a pre-feasibility study for the Nordic-Baltic Hydrogen Corridor, a cross-border hydrogen project being developed by six European Union (EU) countries, has been launched. Lithuanian gas transmission system operator (TSOs) Amber Grid launched the tender on behalf of its pro
Estonian energy group Elenger has reported that, on its order, two LNG cargoes arrived at the port of Klaipeda from Norway in March, one on the tanker Arctic Aurora and the other on the tanker Arctic Princess. Elenger has booked terminal capacity to bring 10 LNG cargoes until the fall of this year.
AB Klaipedos Nafta has received a Letter of Expectation from its shareholder, the Ministry of Energy of the Republic of Lithuania, which owns 72.47% of the company’s shares. According to Klaipedos Nafta, the Letter of Expectation confirms the direction of the changes sought by the company and enable
The Ministry of Energy of the Republic of Lithuania has reported that in 2022, the amount of gas imported through the Klaipėda liquefied natural gas (LNG) terminal almost doubled. More specifically, 5 million cubic meters or 32.22 TWh of natural gas was delivered. The ministry also said that gas imp
