Norway’s Aker Solutions has been awarded a FEED contract by KN Energies to support the development of the company’s CO2 transshipment terminal infrastructure project in Klaipėda, Lithuania. The project forms part of the CCS Baltic Consortium, which aims to develop the first cross-border CCS network in the Baltic region. The Klaipėda terminal infrastructure development is recognised as a project of common interest by the European Commission and is co-funded by the European Union under the Connecting Europe Facility for Energy programme. The planned terminal in Klaipėda is expected to have a capacity of approximately 2.8m tonnes of CO2 per year. 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 shipped to long-term geological storage sites beneath the North Sea seabed. As part of the FEED, Aker Solutions will build on findings from previous-phase technical evaluations to further refine the technical design specification of the planned infrastructure and evaluate potential expansion routes for the development. The FEED phase is scheduled for completion in the third quarter of 2026 and will involve more than 100 Aker Solutions employees from across Norway, India, and the UK. The targeted commercial operational date for the Klaipėda CO2 terminal is 2030, with a final investment decision planned for 2027. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsLatvia Lithuania Norway