Baltic States – CIS, Energy, Good for Business, Lithuania, Oil, Transport

International Internet Magazine. Baltic States news & analytics Tuesday, 23.04.2024, 18:49

Klaipedos Nafta reloaded 68.4% more oil products in December y-o-y

BC, Vilnius, 12.01.2015.Print version
State company Klaipedos Nafta during December 2014 reloaded 640 thousand tonnes of oil products into its storage tanks, greater by 68.4% than during December 2013, when 380 thousand tonnes were reloaded.

During December 2014 more oil products from the main client of the company Orlen Lietuva as well as from refineries of the Republic of Belarus were reloaded, compared to transshipment during December 2013, also during December 2014 additional heavy oil products from refineries of Russian Federation were reloaded, Klaipedos Nafta announced.

 

The preliminary sales revenues of the company's Oil terminal for December 2014 comprise LTL 11.5 million (EUR 3.3 million); greater by 5.5% compared to December 2013 (i.e. LTL 10.9 million or EUR 3.2 million), writes en.delfi.lt.

 

The company during twelve months of 2014 reloaded 5,584 thousand tonnes of oil products into its storage tanks, by 4.2% lower than during twelve months of 2013, when 5,831 thousand tonnes were reloaded. The transshipment in 2014, compared to 2013, was lower because of unfavourable macro-economic conditions in the first half of the year that influenced lower refinery volume of Orlen Lietuva and subsequently lower transhipment volume through the company's terminal.

 

The preliminary sales revenues of the company's Oil terminal for the twelve months of 2014 are LTL 116.4 million (EUR 33.7 million) and reduced by 8.3% compared to the same period of 2013 (LTL 126.9 or EUR 36.8 million).

 

During the period until the end of December 2014 the Liquefied Natural Gas (LNG) Terminal received two LNG carriers which brought total 241 thousand cubic metres LNG and 45 million normal cubic metres natural gas were re-regasified and supplied to the natural gas transmission system (this activity started to be carried out on 27 November 2014 when the National Commission for Energy Control and Prices (VKEKK) issued Natural Gas Regasification License).

 

The preliminary sales revenues of the company's LNG Terminal for December 2014 comprise LTL 17.3 million (EUR 5.0 million), which is equal to necessary LNG Terminal operation costs and return on investments into LNG Terminal infrastructure, approved by the VKEKK.






Search site