CorporateEurope

Lithuania’s KN forms German LNG unit

By LNG Prime Staff
Lithuania's KN forms German LNG unit
Excelsior will serve the second Wilhelmshaven terminal (Image: Excelerate Energy)

Lithuanian LNG terminal operator KN Energies has formed a German LNG unit, KN Energies Deutschland.

KN said on Wednesday the new company will be responsible for performing its commitment to state-owned German LNG terminal operator Deutsche Energy Terminal (DET) in the field of technical O&M services for the second floating LNG import terminal in Wilhelmshaven.

Similarly to KN’s Brazilian subsidiary KN Açu Servicos de Terminal de GNL, all shares in the German subsidiary are held entirely by companies within the KN Energies group.

The new company is registered in Wilhelmshaven, Lower Saxony.

According to the Lithuanina firm, KN Energies Deutschland, which will implement the contractual obligations for DET, will involve specialists in human resources, health, safety, and environment (HSE), mechanical, electrical, and automation engineering, operations, as well as maintenance management.

KN said active recruitment of team members is currently being conducted.

Once the terminal starts commercial operation, the KN Energies group of companies will be responsible for the technical operation and maintenance of the terminal’s infrastructure—the berth, its equipment, and the pipeline—the organization of technical teamwork, and the coordination of preventive actions.

DET to launch two FSRU terminals by end of 2024

KN Energies won the DET tender launched in the spring of 2024 to provide services for the Wilhelmshaven 2 terminal.

The contract with DET was signed for a pre-operational period up to the start of commercial operation of the terminal, followed by a five-year technical operation and maintenance period, with the possibility to extend the contract, KN Energies said.

DET recently told LNG Prime it still expects to launch its next two FSRU-based LNG import terminals in Stade and Wilhelmshaven by the end of this year.

The firm currently operates the first Wilhelmshaven LNG terminal, which features the 170,000-cbm Hoegh Esperanza, and the LNG terminal in Brunsbüttel, which features the 170,000-cbm Hoegh Gannet.

DET’s third LNG import facility in Stade features the 174,000-cbm FSRU Energos Force, while the second terminal in Wilhelmshaven will host Excelerate’s 138,000-cbm FSRU Excelsior.

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