KN strategy, vision and mission
KN starts a journey of Energy Transformation
With more than 60 years of experience in the handling and storage of oil and oil products, KN is embarking on an energy transformation journey. Considering global energy trends, customers' needs for sustainable growth and long-term competitiveness, the company is adapting its activities to create a sustainable energy future.
KN future extends beyond the realms of oil products or liquified natural gas. The company is ready for the major challenge of transforming operations into a climate-neutral business by 2050, to shift away from fossil fuels to other forms of energy, and, at the same time, to continue the successful creation of value in the energy sector, both in terms of energy security and financial return for shareholders and Lithuania at large.
KN is ready to take part in the energy transformation of Lithuania and the region, but also share our accumulated know-how and competence globally.
You are invited to take a closer look at the KN Strategy 2050 here.
You are invited to take a closer look at the KN Strategy 2050 here.
Our vision
KN envisions a world where sustainable liquid energy as well as chemicals and feedstock solutions empower industries and communities, creating a cleaner, safer, and more prosperous future for all.
We strive to be at the forefront of this transformation, continuously innovating and expanding our portfolio of services to support the global energy transition and achieve climate neutrality by 2050.
Our mission
Enabling safe and reliable liquid energy as well as chemicals and feedstock flows for customers in the Baltic Sea region by
- Offering storage and transshipment solutions for a variety of liquid energy products, chemicals, and feedstocks for consumption in the region and export into the global market
- Enabling the decarbonization of the region by focusing on sustainable solutions and energy carriers
- Providing national energy security to the Lithuanian state for both liquid energy and electricity
Supporting customers globally with knowledge and capabilities in the development and operations of LNG or other sustainable energy infrastructure projects.