The Lithuanian energy company has been selected as the commercial and operational advisor for the floating storage and regasification unit (FSRU) that's scheduled to be up and running in the Gulf of Gdańsk as of 2028.

The 6.1 billion m³ gas project is being developed by GAZ-SYSTEM and will be Poland's second large-scale LNG terminal after the land one in the Port of Świnoujście (2015, 8.3b m³).

"This selection highlights the growing need for fast-track energy supply diversification solutions and confirms KN Energies' expertise as a leader in complex floating LNG projects across Europe. With more than 15 years of experience in FSRU projects globally - from the development phase to long-term terminal operations - we are proud to share our know-how with our partners in Poland," said Linas Kilda, Chief Business Development Officer at KN Energies.

His company added in a press brief, "Beyond the Klaipėda LNG terminal [2014, 3.75b m³], there are currently 14 floating LNG terminals in operation or under construction across the European Union. KN Energies has been or is involved in projects related to eight of these terminals, representing approximately 57% of all such projects in the EU, covering project development, commercial structuring, operational advisory and long-term terminal operations. This positions the company among the most experienced FSRU players in the European market."