Lithuania’s KN says majority of Klaipeda FSRU capacity booked in 2027

Firms have booked the majority of regasification capacity at the FSRU-based LNG import facility in Klaipeda for 2027, according to Lithuanian LNG terminal operator KN Energies.

KN announced on Thursday via its social media that the annual capacity allocation procedure for the Klaipėda LNG terminal had been completed.

“The majority of the offered 2027 regasification capacity has been booked – reflecting sustained market demand and the importance of reliable access to LNG infrastructure in the region,” the state-owned firm said.

KN did not provide further details regarding the capacity bookings.

“The remaining capacity will be addressed later this year in accordance with the terminal regulations,” it said.

Last month, the LNG terminal operator launched the regasification capacity allocation procedure for 2027.

KN offered 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.

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.

Most Popular

Jera boosts Wheatstone LNG stake

Japan’s power firm and LNG trader, Jera, has strengthened its indirect stake in the Chevron-operated Wheatstone LNG project in Australia by acquiring additional shares.

Shell, GTT, and LR to develop new LNG carrier

UK-based LNG giant Shell, French LNG containment specialist GTT, and classification society Lloyd’s Register have launched a joint development project to develop a conceptual 200,000-cbm LNG carrier combining hybrid-electric propulsion with GTT’s Next1 LNG cargo containment technology.

Taiwan’s CPC makes progress with Alaska LNG deal

Taiwan’s CPC Corp is making progress on buying LNG and investing in the planned Glenfarne-led Alaska LNG project, according to Taiwan's economy ministry.

More News Like This

Lithuania’s KN reports higher LNG revenue

Lithuania’s KN Energies, the state-owned operator of the country’s first FSRU-based LNG import facility in Klaipeda, reported higher LNG revenue in the first half of this year due to high terminal utilization and increased regasification and reloading volumes.

Lithuania’s KN in Vietnam LNG move

Lithuania’s KN Energies, the state-owned operator of the FSRU-based LNG import facility in Klaipeda, has signed a memorandum of understanding with Vietnam-based Indel Petro to cooperate on energy and infrastructure projects in Vietnam.

Klaipeda LNG throughput up in H1

LNG throughput in the Lithuanian port of Klaipeda, home to the KN-Energies-operated FSRU-based LNG import facility, jumped in the first half of this year due to growing flows to Ukraine.

Ignitis books more regas capacity at Klaipeda FSRU

Lithuanian state-controlled energy company Ignitis has booked additional regasification capacities at the KN Energies-operated FSRU-based LNG import facility in Klaipeda, Lithuania.