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SC Klaipedos Nafta preliminary transhipment and revenue results for the June 2015

July 1, 201511:37 PM Globe Newswire

During June 2015 SC Klaipedos nafta (hereinafter – “the Company”) reloaded 634 thousand tons of petroleum products into its storage tanks of Klaipėda oil terminal and Subacius fuel base (SFB), i.e. greater by 56.9 percent compared to June 2014, when 404 thousand tons were reloaded.

Total during the first half of 2015 the Company reloaded 3,328 thousand tons of petroleum products into its storage tanks, greater by 33.2 percent compared to the same period of 2014 when 2,499 thousand tons were reloaded. The main reason for the transhipment volume growth in 2015 is the larger volume of petroleum products delivered both from SC Orlen Lietuva refinery and from Belarus refineries.

During June 2015 in the Liquefied Natural Gas (LNG) Terminal of the Company 351 thousand MWh (total during the first six months of 2015 2,640 thousand MWh) of the natural gas were re-regasified and supplied to the natural gas transmission system (this activity started to be carried out on 27 November 2014).

The preliminary sales revenues of the Company’s Oil terminal and Subacius fuel base for June 2015 comprise EUR 3.1 million (LTL 10.7 million); greater by 34.8 percent compared to June 2014 (i.e. EUR 2.3 million or LTL 7.9 million).

The preliminary sales revenues of the Company’s LNG Terminal for June 2015 comprise EUR 5.4 million (LTL 18,6 million), which is equal to the one twelfth of the sum of necessary LNG Terminal operation costs and return on investments into LNG Terminal infrastructure for the year 2015, approved by the National Commission for Energy Control and Prices.

The preliminary sales revenues of SC Klaipedos Nafta oil terminal and SFB for the first half of 2015 comprise EUR 21.3 million (LTL 73.5 million) and are greater by 27.5 percent compared to the same period of 2014 (EUR 16.7 or LTL 57.7 million).

Total preliminary revenue of the Company for the first half of 2015 comprise EUR 53.7 million (LTL 185.3 million) while for the same period of 2014 it was EUR 16.7 million (LTL 57.7 million).

         Marius Pulkauninkas, Director of Finance and Administration Department, tel. 8 46 391763

LNG

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