International Internet Magazine. Baltic States news & analytics
Thursday, 28.05.2015, 08:55
CJSC Belarusian Oil Company plans to acquire Woodison Terminal Ltd., one of the companies operating at the Freeport of Riga, according to the TV3 show "Neka Personiga", cites LETA.
Estonian energy, real estate and metals industry group Alexela Group earned in the first three months of the year 2015 a revenue of 50.1 million euros, which was 15% less than the year before while its operating profit was 2.9 million euros, 45% less than the year before, LETA/Delfi Ärileht reports.
In the last three months of 2015, oil prices have not changed substantially despite short-term fluctuations. Nevertheless Lithuanian drivers say they have to dig deeper into pockets when filling up in petrol stations, reports LETA/ELTA, referring to Vakaro zinios.
During April 2015, state company Klaipedos Nafta reloaded 493 thousand tons of petroleum products into its storage tanks of Klaipeda oil terminal and Subacius fuel base (SFB), i.e. greater by 1.5% compared to April 2014, when 486 thousand tons were reloaded, the company said in a statement, cites LETA/ELTA.
In the first quarter of 2015, joint-stock Ventspils nafta subsidiary Ventspils nafta terminals transhipped 3.4 million tons of petroleum products, which is 1.3% less than in the first three months of the previous year, according to a company financial statement submitted to the ''Nasdaq'' Riga Stock Exchange, cites LETA.
Finnish fuel company Neste Oil has opened two new automatic gas stations in Riga, thus increasing its network of gas stations in Latvia to 64, the company informed LETA.
Belarusian oil products exporter Belorusskaya Neftyanaya Kompaniya (Belarus Oil Company, BNK) plans on opening gas stations in Latvia, according to the newspaper "Biznes Vesti", cites LETA.