KN Energies and Baltic Alliance extend strategic cooperation
KN Energies, an international operator of energy terminals, has strengthened its strategic partnership with Baltic Alliance, a member of the Latvian Baltic capital group. Following the expiration of a ten-year transshipment contract, both parties have signed a new three-year agreement for liquid energy product operations at the Klaipėda terminal, with the option to extend further.
Darius Šilenskis, CEO of AB KN Energies, commented on the agreement:
“We are pleased to extend our cooperation with our strategic partner, Baltic Alliance. Through this agreement, we will ensure the continuity of operations in liquid energy product terminals and the continuity of investments, which are crucial for both countries. KN Energies has been, is, and will remain a significant and reliable part of the Baltic supply chain. Going forward, we will continue to enhance service quality and ensure the reliability and safety of the infrastructure we manage.”
Eduard Ginzburg, General Director of Baltic Alliance, welcomed the renewed collaboration:
“This agreement with our long-standing partners is key to maintaining a smooth logistics chain, ensuring stable operations at the Baltica plant, and generating benefits across the entire value chain — from state-owned companies and local businesses to the European economy as a whole.”
Baltic Alliance has relied on KN Energies for liquid energy product transshipment for over a decade, and additionally utilizes the terminal in Subačius. Since 2023, the companies have also collaborated in diesel fuel handling at the Marijampolė terminal, leased by KN Energies.
KN Energies is an international energy terminal operator, providing safe and reliable flows of liquid energy products and liquefied natural gas (LNG) across the Baltic Sea region. The company supports clients worldwide in developing sustainable energy infrastructure projects through its expertise and operational experience. KN Energies currently operates:
Three liquid energy product terminals in Lithuania
LNG terminals in Lithuania, Germany, and Brazil
Commercial operation services for four floating LNG terminals in Germany
This renewed partnership reflects the companies’ shared commitment to operational excellence, reliability, and long-term investment in the region’s energy infrastructure.