Klaipėdos Nafta

State controlled
Traded as KNF1L.VL
Industry Oil and gas industry
Founded 1994 (1994)
Headquarters Klaipėda, Lithuania
Key people
 Mindaugas Jusius (CEO)[1]
Services Oil storage and transportation
Owner Government of Lithuania
Website www.kn.lt

Klaipėdos Nafta (KN) is an operator of the Klaipėda Oil Terminal based in Klaipėda, Lithuania. The company was founded in 1994. In addition to the operationship of the Klaipėda Oil Terminal, the company operates Subačius oil terminal, Klaipėda LNG terminal and Klaipėda small-scale LNG reloading station[2].

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 Mazeikiu refinery.[3] The terminal serves also crude oil shipments to Belarus.[4]

LNG terminal

Klaipėdos Nafta is a developer of the Lithuanian LNG terminal project. The consultant of the project is Fluor Corporation.[5] The terminal was scheduled to be built by 2014.[6] The terminal will use 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.[7]

References

  1. ↑ https://www.kn.lt/en/about-us/management-structure/503
  2. ↑ https://www.kn.lt/en/our-activities/404
  3. ↑ "Klaipeda Oil terminal cuts scale of operations". The Baltic Times. 2006-10-18. Retrieved 2011-09-21.
  4. ↑ "Klaipeda terminal could get trial shipment of oil for Belarus in autumn". Lithuania_Tribune. 2010-04-08. Retrieved 2011-09-21.
  5. ↑ Seputyte, Milda (2011-07-01). "Klaipedos Nafta Hires Flour as Advisor to Build LNG Terminal". Bloomberg. Retrieved 2011-09-21.
  6. ↑ Vaida, Petras (2011-04-15). "Kubilius at Klaipedos Nafta: LNG terminal to be built by 2014". The Baltic Course. Retrieved 2011-09-21.
  7. ↑ Adomaitis, Nerijus (2011-08-30). "Lithuania to call tender on LNG FSRU in October". CNBC. Reuters. Retrieved 2011-09-21.
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