LNG terminal

Lithuania’s floating storage regasification unit (FSRU) Independence is set to be inspected and repaired in the dry dock in 2024, before KN (AB Klaipėdos nafta) takes over the ownership of the vessel.

As authoritarian Belarusian leader Alexander Lukashenko continues to threaten to divert Belarusian cargoes from the Lithuanian port of Klaipeda to Russia, Luminor bank's chief economist Zygimantas Mauricas says the port needs to cut its reliance on the East-to-West flow.

The United States hopes to supply gas to Belarus via the Klaipeda-based LNG terminal, the country's new Ambassador to Lithuania Robert Gilchrist says.

The Jonava-based fertilizer producer Achema's business prospects were not taken into account when the Klaipeda-based LNG terminal's maintenance model was changed, an adviser to the Lithuanian president says.

Five companies have expressed their interest in trading LNG via a small-scale LNG distribution station operated by Klaipedos Nafta, the operator of the LNG terminal in Lithuania, and develop this market.

An advisor to Lithuanian President Gitanas Nauseda says the Klaipeda liquefied natural gas (LNG) terminal should not be used for Russian gas imports in the long term.

Lithuania's state-run oil and LNG terminals operator Klaipedos Nafta has established a subsidiary company for its LNG terminal operator project in the Brazilian port of Acu.

Seimo Energetikos ir darnios plėtros komisija trečiadienį aptars padėtį, kai Lietuvai parduodama Latvijos elektra, galimai pagaminta iš Klaipėdos SGD terminalo dujų, nors šį terminalą išlaiko Lietuva, kuri pati turi dujinės generacijos pajėgumų.

The EU General Court on Thursday rejected an appeal by Achema, a Lithuanian fertilizer producer which is part of the Achema business group, over state aid for the Klaipeda-based LNG terminal.

Lithuanian Prime Minister Saulius Skvernelis expects that the Energy Ministry's row with Achemos Grupe over plans to transfer Klaipedos Nafta's LNG business to a separate company will not prevent the government from taking decisions that are necessary for cutting the LNG terminal-related burden for ...

The world's largest LNG bunker vessel, the Kairos, arrived in the Lithuanian port of Klaipeda for the fifth time over the weekend and is carrying out a reloading operation on Monday, Klaipedos Nafta, the operator of the local LNG terminal, told BNS Lithuania on Monday.

Gas supply via a gas pipeline to Lithuania from Belarus has been halted on Monday as Belarus started repairing a gas main in its territory.

The reduction of costs at Lithuania's LNG terminal, earlier planned as of July, is being postponed for at least a month after Achemos Grupe (Achemos Group), one of the largest private capital groups in the country and a minority shareholder in Klaipedos Nafta (Klaipeda Oil), the terminal's operator,...

Businessmen from Lithuania's port of Klaipeda, who win state tenders in Russia, also receive orders from Lithuania's strategic companies and the army, the investigation team from Lithuania's public broadcaster LRT has discovered.

Mindaugas Jusius, CEO of KN (AB Klaipėdos nafta), the operator of oil products and liquefied natural gas terminals, decided to leave the organisation for personal reasons. The Board of KN was officially informed about the resignation from the office. Mindaugas Jusius will act as CEO of KN until the ...

Lithuanian Prime Minister Saulius Skvernelis met with his visiting Estonian counterpart Juri Ratas on Thursday and said he could not say yet if Lithuania would join a common gas market with other regional countries.

The chief financial officer of Novatek, Russia's largest private gas company, says the company operates transparently and is reliable and known to Lithuanian companies and some of them have already imported gas from the Vysotsk LNG terminal in the Baltic Sea.

Jonava-based fertilizer producer Achema and gas trade company Achema Gas Trade, both part of the Achema Grupe (Achema Group), one of the largest business groups in Lithuania, have turned to the Court of Justice of the European Union over the maintenance regime of the Klaipeda-based LNG terminal, in ...

The Klaipeda Regional Court handed down on Wednesday a seven-year jail sentence to Roman Sesel, a Lithuanian citizen accused of collecting information for Russia on NATO military ships, the oil product and LNG terminal operator Klaipedos Nafta and other infrastructure.

The Klaipeda Regional Court will hand down on Wednesday its ruling in the trial of Roman Sesel, a Lithuanian citizen accused of collecting information for Russia on NATO military ships, the oil product and LNG terminal operator Klaipedos Nafta and other infrastructure.