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KN Becomes Commercial Manager Of Four German LNG Terminals

Written by...

Molly Cooper

Molly Cooper

Journalist at Tank Storage Magazine.

International energy terminal operator KN is beginning the year by securing the public tender for the commercial management of four German liquefied natural gas (LNG) terminals on the North Sea coast.

The company has signed contract with Deutsche Energy Terminal GmbH (DET), the German state-owned company that  operates state-controlled LNG terminals.

A flag in the skyOn behalf of the German Federal Ministry for Economics Affairs and Climate Action, the DET operates Germany’s first LNG terminals on the North Sea coast, the Wilhelmshaven 1 LNG Terminal and the Brunsbüttel LNG Terminal. Additionally, DET will operate two upcoming terminals: the second LNG terminal in Wilhelmshaven and the LNG terminal in Stade on the Lower Elbe River.

The two-year contract between KN and DET covers the commercial management of all four LNG terminals. Until now, KN already provided these services for the 1 Wilhelmshaven and Brunsbüttel LNG terminals, but after DET took over the management of these facilities, a new tender was launched for the consolidated commercial management of four LNG terminals.

The contract also includes a commitment to capacity building and knowledge transfer of KN expertise to DET staff. During the term of the contract, the objective is to train the local team to be able to ensure the commercial operation of the terminals themselves.

Darius Šilenskis, CEO of KN says: ‘By providing commercial management services to two German LNG terminals, we have had the opportunity to demonstrate unique competences, expertise, professionalism, and the ability to meet customers’ expectations in a qualitative and prompt manner.’

Dr. Peter Röttgen, MD of DET adds: ‘After our initial positive experience of working together with KN at our sites in Brunsbüttel and Wilhelmshaven, we are now looking forward to continuing this fruitful and professional collaboration for all DET sites.’

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