KN offers regas capacity at Klaipeda FSRU

KN announced on Monday that it is offering market participants the opportunity to acquire up to 5 TWh of LNG terminal regasification capacity for gas year 2027.

This equals five conventional cargoes, each consisting of not less than 1 TWh of natural gas expressed in energy units.

The preliminary delivery windows are February 23–24, March 12-13, May 28-29, September 21-22, and October 25-26.

The deadline for submitting requests is July 13.

Finland’s Gasum, Ukraine’s Naftogaz, Lithuania’s Ignitis, Latvia’s Latvenergo, and Norway’s Equinor recently booked long-term regasification capacities at the KN Energies-operated FSRU-based LNG import facility for the period of 2033–2044.

During the procedure, the majority of the offered capacities were allocated – more than 20 terawatt-hours (TWh): 8 TWh until 2044 inclusive and a further 12 TWh until 2040, according to KN.

In December 2024, KN Energies assumed ownership of the 170,000-cbm FSRU Independence from Hoegh Evi, and the unit was registered under the Lithuanian flag.

In March last year, the FSRU completed its 500th ship-to-ship LNG transfer in Klaipeda since the start of operations in 2014.

The majority of LNG volumes originate from Norway and the United States, but the Klaipeda FSRU-based facility has also received LNG from Nigeria, Trinidad and Tobago, Egypt, Algeria, and other countries.