Lithuanian energy terminal operator, KN Energies has selected AB Kauno tiltai, a specialist in roads, bridges, and infrastructure projects, to undertake the engineering, procurement, and construction (EPC) work on the Klaipėda LNG terminal’s power line connection
The contract is valued at €19.3 mill, excluding VAT.
Kauno tiltai will design and install the electric cable needed for the shore connection to the FSRU ‘Independence’. In addition, the required infrastructure will be designed and built at the LNG terminal jetty and on the FSRU to enable the shore connection. This will, allow the auxiliary engines on board the FSRU to be shut down.
Currently, the FSRU operates by generating power from four on board dual-fuel engines, powered by gas and diesel. Once the Klaipėda LNG terminal electrification project is completed, the FSRU will be supplied with electricity supplied from renewable energy sources. Preliminary estimates suggested that this will allow for a reduction of the LNG terminal’s CO₂ emissions by around a third.
At the beginning of April, 2025, a subsidy agreement was signed with the Environmental Project Management Agency, under which €6 mill in funding from the European Union’s Modernisation Fund Programme was allocated for the project. The remaining amount will be supplied by commercial banks.
The project is expected to be completed within three years. KN Energies has also revealed the planned allocation of spot LNG cargo capacity at the LNG terminal for September/November, 2025, which is the third of four planned spot cargo capacity to be allocated this year. Priority will be given to energy producers providing services for the operation of an isolated electricity system.
The spot cargo size will be 1,000,000,000 kWh ± 5%. Requests for different cargo sizes will be considered, however, with priority given to conventional cargo sizes. The LNG regasification period will be from 1st September, 2025 to 11th November, 2025 with a cargo delivery window of 25-26th September, 2025. The opening date was 2nd May and the closing will be in 26th July, 2025.
