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

January 8, 201610:29 AM Globe Newswire

During December 2015 SC Klaipedos Nafta (hereinafter – “the Company”) reloaded 697 thousand tons of petroleum products into its storage tanks of Klaipeda oil terminal and Subacius fuel base (SFB), i.e. grater by 8.9 percent compared to December 2014, when 640 thousand tons were reloaded.

During the twelve months of 2015 the Company reloaded 6,461 thousand tons of petroleum products into its storage tanks or greater by 15.6 percent compared to the same period of 2014 when 5,587 thousand tons were reloaded. The main reason for the transhipment volume growth in 2015 is the larger volume of petroleum products delivered from SC Orlen Lietuva refinery because of favourable macroeconomic conditions and attracted new customers that caused the larger transit cargos of petroleum products.

During December 2015 in the Liquefied Natural Gas (LNG) Terminal of the Company 188 thousand MWh (total during the twelve months of 2015 – 4,559 thousand MWh) of the natural gas were re-gasified and supplied to the natural gas transmission system (this activity started to be carried out on 27 December 2014).

The preliminary sales revenues of the Company’s LNG Terminal for December 2015 comprise EUR 8.6 million (LTL 29.7 million) and the preliminary revenue of the LNG terminal for the year 2015 comprise EUR 68.0 million (LTL 234.8 million), which is equal to the sum of factual security supplement fee for the year 2015 and LNG terminal funds collected in 2013 that in accordance to the legislation are dedicated for compensation of the LNG terminal necessary costs of 2015.

The preliminary sales revenues for the twelve months 2015 of SC Klaipedos Nafta oil terminal and SFB comprise EUR 39.8 million and are greater by 18.1 percent compared to the same period of 2014 (EUR 33.7). Total preliminary sales revenues of the Company for the 12 months of 2015 comprise Eur 107.8 million.

Petroleum products transhipment and LNG re-gasification

  December January – December
  2015 2014 Change, % 2015 2014 Change, %
Petroleum products transhipment, thousand tons 697 640 8,9% 6.461 5.587 15,6%
LNG re-gasification, thousand MWh 188 – – 4.559 – –

Preliminary revenues of the Company, EUR million

  December January – December
  2015 2014 Change, % 2015 2014 Change, %
Klaipeda oil terminal activity 3,5 3,1 12,9% 37,3 31,8 17,3%
Subacius fuel base activity 0,3 0,2 50,0% 2,5 1,9 31,6%
LNG terminal activity 8,6 6,0 43,3% 68,0 6,0 1033,3%
Total: 12,4 9,3 33,3% 107,8 39,7 171,5%

 

         Mantas Bartuska, General Manager, tel. 8 46 391772

LNG

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