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

The reason for the transhipment increase in February was that more petroleum products were delivered by SC Orlen Lietuva and reloaded additional light petroleum products from Belarus, Klaipedos Nafta said in a report.

During the first two months of 2015 the company reloaded 1.144,000 tons of oil products into its storage tanks, or by 37.7% more compared to the same period of 2014 when 831,000 tons were reloaded.

In February, in the Liquefied Natural Gas (LNG) Terminal of the company a total of 376,600 MWh (in the first two months of 2015 – 881,500 MWh) of natural gas were re-regasified and supplied to the natural gas transmission system.

The preliminary sales revenues of the company's Oil terminal and Subacius fuel base for February 2015 account for EUR 3.5 million or by 16.7% more compared to February 2014 with EUR 3 million.

The preliminary sales revenues of the company's LNG terminal for February 2015 comprise EUR 5.4 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 Lithuania's National Commission for Energy Control and Prices.

The preliminary sales revenues of SC Klaipedos Nafta oil terminal and SFB for the first two months of 2015 amount to EUR 7.3 million which is by 25.9% more compared to the same period of 2014 with EUR 5.8 million.

Total preliminary revenue of the company for January-February is EUR 18.3 million, while for the same period of 2014 it was EUR 5.8 million.