Klaipėdos Nafta

Klaipėdos Nafta (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 and Klaipėda small-scale LNG reloading station.[3]

Klaipėdos Nafta
TypeState controlled
Nasdaq Baltic: KNF1L
IndustryOil and gas industry
Founded1994 (1994)
Headquarters
Klaipėda
,
Lithuania
Key people
Darius Šilenskis (CEO)[1]
ServicesOil and LNG terminals operator
OwnerMinistry of Energy (Lithuania) (72.3%), Achema (10.4%) [2]
Websitewww.kn.lt

Klaipėda Oil Terminal

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]

LNG terminal
Main article: Klaipėda LNG FSRU

Klaipėdos Nafta is a 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]

References
  1. https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=910310&messageId=1146750
  2. https://www.kn.lt/en/for-investors/share-trading/410
  3. https://www.kn.lt/en/our-activities/404
  4. "Klaipeda Oil terminal cuts scale of operations". The Baltic Times. 2006-10-18. Retrieved 2011-09-21.
  5. "Klaipeda terminal could get trial shipment of oil for Belarus in autumn". Lithuania_Tribune. 2010-04-08. Archived from the original on 2013-01-28. Retrieved 2011-09-21.
  6. Seputyte, Milda (2011-07-01). "Klaipedos Nafta Hires Flour as Advisor to Build LNG Terminal". Bloomberg. Retrieved 2011-09-21.
  7. Pradeda veikti SGD terminalas. Vakarų ekspresas, 2014-12-03
  8. Adomaitis, Nerijus (2011-08-30). "Lithuania to call tender on LNG FSRU in October". CNBC. Reuters. Retrieved 2011-09-21.
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