Lithuania’s offshore Klaipeda LNG terminal had a record year in 2025, with the port’s utilisation rate soaring well above the EU average. Operator KN Energies anticipates an even better year in 2026. It has launched an open season for long-term capacity and is expecting more central and eastern European companies to use its services as they are looking for a diversity of sources and routes. Although traders are incentivised by Klaipeda’s ease of doing business and transparency, they also flag limitations related to regional market liquidity and high regional transmission tariffs. In this interview, Darius Silenskis, CEO of KN Energies, tells ICIS reporter Aura Sabadus about the company’s short and long-term plans and its role in supporting market liquidity.

The EU’s biomethane market has been developing at speed.

Since 2023, production has risen more than 30% and the fuel is fast becoming not just an instrument to reach energy transition targets but is also making a real contribution to security of supply.

A number of western European countries including France, Germany, Denmark, Italy, the UK are leading the way thanks to their extensive agricultural sectors and well designed subsidies schemes.

However, building a single pan-European market is still a distant dream.

ICIS energy news editor Andrea Battaglia tells senior reporter Aura Sabadus about the merits of this emerging sector but also the challenges that are slowing down progress.

Greenland has been holding the headlines in recent weeks as US President Donald Trump expressed an open interest in acquiring the world’s largest island amid claims of security risks in the Arctic region.

Many observers reject the argument, insisting the race to take over the resource-rich island and possibly even neighboring Canada is largely driven by economic considerations.

Canada and Greenland already have long-standing security arrangements with the US and extracting more fossil fuels at a time when the world is already awash with oil and gas does not make sense.

What, then, is driving the latest US policy in the Arctic region?

ICIS senior journalist Aura Sabadus has invited Arctic expert Dr Petra Dolata, associate professor at the University of Calgary, Canada, to find out.