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

September 4, 20157:12 AM Globe Newswire

During August 2015 SC Klaipedos Nafta (hereinafter – “the Company”) reloaded 411 thousand tons of petroleum products into its storage tanks of Klaipeda oil terminal and Subacius fuel base (SFB), i.e. by 7.4 percent lower compared to August 2014, when 444 thousand tons were reloaded.

Totally during the first eight month of 2015 the Company reloaded 4,288 thousand tons of petroleum products into its storage tanks, greater by 23.5 percent compared to the same period of 2014 when 3,472 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 attracted new customers that caused the larger freights from Belarus refineries.

During August 2015 in the Liquefied Natural Gas (LNG) Terminal of the Company 394 thousand MWh (total during the first eight months of 2015 – 3,361 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 August 2015 comprise EUR 2.8 million (LTL 9.7 million); greater by 16.7 percent compared to August 2014 (i.e. EUR 2.4 million or LTL 8.3 million).

The preliminary sales revenues of the Company’s LNG Terminal for August 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 for the first eight months 2015 of SC Klaipedos Nafta oil terminal and SFB comprise EUR 27.4 million (LTL 94.6 million) and are greater by 24.0 percent compared to the same period of 2014 (EUR 22.1 or LTL 76.3 million).

 

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

LNG

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