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From Wikipedia, the free encyclopedia
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]
Company type | State controlled |
---|---|
Nasdaq Baltic: KNE1L | |
Industry | Oil and gas industry |
Founded | 1994 |
Headquarters | , |
Key people | Darius Šilenskis (CEO)[1] |
Services | Oil and LNG terminals operator |
Owner | Ministry of Energy (Lithuania) (72.5%), Achema (10.4%) [2] |
Number of employees | 337 (2022) |
Website | www |
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]
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 2 billion cubic metres (71 billion cubic feet) of natural gas per year.[8]
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