Lithuania: Klaipedos Nafta changes name to KN Energies

Lithuania’s state-owned oil and gas terminal operator, Klaipedos Nafta, has changed its name to KN Energies, GlobeNewswire reports. The company will continue to use the KN brand, however. At the same time, Klaipedos Nafta’s subsidiary, SGD Logistika, changed its name to KN Global Terminals. KN Energies announced that it would focus on liquid and alternative…

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Lithuania: Klaipedos Nafta plans to increase LNG terminal capacity

Lithuania’s state-owned LNG terminal operator, Klaipedos Nafta, plans to expand the annual regasification capacity of its floating storage and regasification unit (FSRU), the Independence, from 3.75 bcm to 5 bcm, Baltic News Network reports. Earlier, the company planned to expand the Klaipeda-based terminal’s capacity to 6.25 bcm. CEO Darius Silenskis expects the company to make…

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