25-Sep-2024. Elsis TS signed an agreement with KN Energies regarding the development, installation, and maintenance of the petroleum product accounting information system. Contract partners (subcontractors) – Implico GmbH and UAB Novian PRO. The duration of the contract (implementation and support) is 90 months.

KN Energies (until 2024 – Klaipėdos nafta) is a company of strategic importance, ensuring the energy security of Lithuania and neighboring regions. The company has accumulated more than 60 years of experience in the field of handling and storage of liquid energy products.

The implementation of new petroleum products accounting information system (hereinafter – PPA) is part of KN Energies’ strategy for the period 2030-2050: “By 2030, to enter new product markets and adapt to changing customer needs and market conditions, provide a wider range of services, thus attract new customers and secure a competitive advantage The company aims to transform the traditional oil terminal into a liquid energy and chemical terminal (diversifying operations).

The new PPA will allow to carry out documentary accounting of the services provided by KN Energies, collect and process information on stored oil and other liquid energy products (e.g. ethanol, LNG), consolidate the information systems, data and resources used in Klaipėda and Subačius oil terminals, to automate business processes and data exchange with internal and external systems. The new system will ensure growing business needs and eliminate operational risks arising from currently used morally and technologically outdated systems.

The core of the new PPA system is the OpenTAS solution for terminal management, developed by Implico GmbH (Germany). OpenTAS TMS is the digital heart of the modern terminal, providing terminal managers and operators of all types with detailed information on accumulated inventory, its movement, measurement data, customer orders, order fulfillment status and other information necessary for efficient work. The system will also use Oracle DBMS and SAP Crystal Report analytics solutions.

The value of the contract is 2.984 mln. EUR without VAT. It is planned to implement the system within 18 months.