Overview
- KN Energies said it completed the long-term booking for the Klaipėda LNG terminal for 2033–2044 and allocated more than 20 terawatt-hours of the offered capacity, split as 8 TWh to 2044 and 12 TWh to 2040.
- Five customers secured long-term rights: Ignitis AB, Latvenergo AS, Equinor ASA, Finland’s Gasum Oyj and Ukraine’s Naftogaz, with Gasum and Naftogaz joining as new long-term users.
- Counting a prior 4 TWh booking from 2023, long-term contracts now raise projected terminal utilisation to about three-quarters of nominal capacity.
- The 28 TWh offering was divided into seven 4 TWh packages that buyers could take for either eight- or 12-year periods, and KN Energies said any unallocated volumes will be reoffered through further long-term rounds or annual allocations with booked customers given priority for cargo windows.
- Operators and officials say the deals improve operational planning and signal a stronger regional gateway for diversifying gas supplies, with practical uses ranging from pipeline feed to reloading and potential bio‑LNG operations that could help maritime customers and national gas security.