Aker Solutions has been contracted by KN Energies to begin front-finish engineering and design work on a carbon dioxide (CO₂) transshipment terminal in Klaipėda, Lithuania.
Baltic Region’s First Cross-Border CCS Network
The project is a key component of the CCS Baltic Consortium, an initiative aiming to establish the first cross-border carbon capture, transport, and storage (CCS) network in the Baltic region. The planned infrastructure has been recognized by the European Commission as a project of common interest and will receive co-funding through the European Union’s Connecting Europe Facility for Energy programme.
The terminal is expected to handle approximately 2.8 million tonnes of CO₂ annually. It will receive carbon dioxide from industrial sources in Lithuania, Latvia, and the broader Baltic region, storing it temporarily before shipment to geological storage sites under the North Sea seabed.
As part of the FEED contract, Aker Solutions will refine the technical design based on previous evaluations and explore potential expansion options.
KN Energies, an international energy terminal operator, believes the partnership with Aker Solutions—leveraging their respective expertise—will position them to deliver efficient CO₂ logistics services to industrial emitters in Latvia and Lithuania.
The FEED phase is scheduled for completion in the third quarter of 2026, involving over 100 Aker Solutions employees from Norway, India, and the UK. A final investment decision is planned for 2027, with commercial operations targeted for 2030.
Frequently Asked Questions
What is the purpose of the Klaipėda CO₂ terminal?
The terminal will receive CO₂ from industrial sources in Lithuania and Latvia, as well as across the wider Baltic region, for temporary storage before being transported by ship to long-term geological storage sites located beneath the seabed in the North Sea.
Who is involved in the development of the terminal?
Aker Solutions has been awarded the FEED contract by KN Energies. The project is part of the CCS Baltic Consortium and is co-funded by the European Union.
When is the terminal expected to be operational?
The targeted commercial operational date for the Klaipėda CO₂ terminal is 2030.
As the Baltic region explores pathways to reduce its carbon footprint, what role do you foresee for cross-border infrastructure projects like this one?
