Lithuania’s state-owned company, KN Energies, has acquired the LNG carrier, Independence, from Norway’s Höegh Evi (former Höegh LNG) for EUR 138mn, BNS reports. The handover ceremony was attended by the presidents of all three Baltic States and Poland. The floating storage regasification unit (FSRU), which serves as Lithuania’s LNG terminal, arrived at the port of…
Polish oil company Orlen has signed a five-year agreement with the Lithuanian oil and gas terminal operator, KN Energies, for exclusive use of a LNG reloading station in Klaipeda, Reuters reports. Under the agreement, the LNG will be delivered to the station on small ships and then transported by truck to clients in the Baltic…
The chairs of the European affairs committees of the parliaments of the Baltic States and Poland demanded that the EU stop importing LNG from Russia as soon as possible, LSM reported. In a joint letter, the committee chairs insisted that LNG terminals at EU ports should not be used to import gas from Russia. They…
The Baltic and Polish parliamentary committees of European affairs held a joint meeting in the Lithuanian capital, Vilnius, on 15-16 September 2024, BNS reported. The committees urged the EU to strengthen the protection of Poland’s border amid a new surge in migrant flows. Zygimantas Pavilionis, chairman of the European affairs committee of the Lithuanian parliament,…
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…
The Balticconnector gas pipeline between Estonia and Finland has been closed due to a possible leak, ERR reports. Finnish gas transmission system operator Gasgrid Finland reported that the 77-kilometre undersea pipeline experienced a pressure drop in the early hours of the morning of 8 October 2023. The cause of the problem and the location of…
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…