Klaipėdos Nafta EN

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.

Darius Silenskis has been appointed CEO of Lithuania's state-run oil and LNG terminal operator Klaipedos Nafta (Klaipeda Oil, KN), having led the company's oil business so far.

Klaipedos Nafta plans to purchase the Independence floating storage and regasification unit (FSRU) it currently leases from Norway's Hoegh LNG or another vessel by late 2024, the state-run company said on Tuesday.

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.

The Klaipėda liquefied natural gas floating storage and regasification unit (FSRU) terminal should be bought out by the end of 2024, members of Seimas voted today.

The Lithuanian government approved on Wednesday the legislation, opening doors for the buyout of the country's liquefied natural gas (LNG) terminal's floating storage and regasification unit (FSRU) which Lithuania currently leases.

With the Lithuanian government due to decide on the future of the Klaipėda liquefied natural gas (LNG) terminal, businesses call on the authorities to look for ways to lower the terminal's costs for gas consumers and energy experts say that these costs will go down and that the floating storage and ...

The cooperation memorandums signed between Lithuanian companies and Freeport LNG, the US liquefied natural gas (LNG) supplier and operator of the future export operator, represent one more step towards getting rid of Russia's gas supply monopoly that has lasted for six decades, Lithuania's President...

Lithuanian companies on Tuesday signed cooperation agreements with Freeport LNG, the US liquefied natural gas (LNG) supplier and operator of the future exports terminal.

Ahead of the meeting of United States President Donald Trump with the leaders of Lithuania, Latvia and Estonia in Washington D.C. on Tuesday, BNS Lithuania is presenting three key topics of the meeting.

The declaration signed between the Lithuanian government and the Polish oil concern Orlen on Tuesday envisages the Polish company's investments in the Mažeikiai oil refinery and the same number of jobs, while the government should reconsider Public Service Obligation (PSO) tariffs for the company an...

Lithuania's government and Poland's oil concern Orlen signed a cooperation declaration in Vilnius on Tuesday, Prime Minister Saulius Skvernelis said.

Lithuania expects to sign this year new contracts with US liquefied natural gas (LNG) suppliers, Energy Minister Žygimantas Vaičiūnas said on Monday.

Marius Pulkauninkas, currently chief financial officer at Lithuania's state-controlled energy terminals operator Klaipėdos Nafta (Klaipeda Oil), is to be appointed chief executive officer of Valstybiniu Miškų Urėdija (State Forestry Enterprise).

The Urbutis brothers, owners and top executives of Naftos Grupė (Oil Group), an oil product forwarding company that was granted exceptional terms for the transshipment of oil products via Klaipėdos Nafta (Klaipėda Oil) in 2005 to 2010, have filed appeals against the ruling by a Klaipeda court to sen...

A special government commission in Lithuania will be able to vet state-owned and privately-owned strategic enterprises' deals exceeding 10 percent of their annual revenue.

A court has sentenced former top executives of Naftos Grupė (Oil Group), an oil product forwarding company that was granted exceptional terms for the transhipment of oil products via Klaipėdos Nafta (Klaipeda Oil) in 2005 to 2010, to several years in prison and ordered them to pay the state-owned oi...

Lithuania's Prime Minister Saulius Skvernelis is attending a meeting of heads of governments of 16 Central and Eastern European nations with China's Prime Minister Li Keqiang in Hungary on Monday.