International Internet Magazine. Baltic States news & analytics
Friday, 19.09.2014, 08:49
Several Russian oil and war industry companies will suffer from the new European Union (EU) sanctions, the U.S. magazine Wall Street Journal reported on Sunday, cites LETA.
Keyword tags: Baltic States – CIS, Energy, EU – Baltic States, Oil, Transport
SC Klaipedos Nafta (Klaipeda Oil) net profit for the six months of 2014 amounts to LTL 12.7 million (EUR 3.7 million) or less by 40.7% if compared to the same period of 2013 – LTL 21.4 million (EUR 6.2 million), reports LETA/ELTA, referring to the company.
Net profit of Ventspils nafta and its subsidiaries reached EUR 4.35 million in the first half of 2014, according to a report submitted to NASDAQ OMX Riga, cites LETA/Nozare.lv.
In 2013, Ventbunkers turned over EUR 69.5 million, which is 17% more than in 2012, while the company's net profit in 2013 was EUR 19.2 million, as compared to EUR 128,000 in 2012, Ventbunkers informed the business portal Nozare.lv, cites LETA.
Ventspils nafta Terminals (VNT), subsidiary of Ventspils nafta, transhipped 6.4 million tons of oil and petroleum products in the first six months of 2014. The amount of petroleum products transported by LatRosTrans (LRT) via the pipeline reached 3.3 million tons, informed BC Ventspils nafta press service.
After six consecutive loss-generating years, Estonia car fuel retailer Alexela Oil earned a profit again in 2013, LETA/Postimees Online cites the company's annual financial statements.
Preliminary sales revenues of AB Klaipedos Nafta in June 2014 stood at LTL 7.9 million (EUR 2.3 million); that is by 7.1% less compared to June 2013 (when sales revenue was LTL 8.5 million or EUR 2.5 million), the company has announced LETA/ELTA.