Lithuania, Oil, Port, Transport
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Monday, 23.06.2025, 10:39
Klaipedos Nafta's Jan-Sept revenue down 24 % to EUR 58.5 mln
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“The main factor, which influenced the total company‘s
revenue result in January-September, 2020, was lower revenue of Klaipeda LNG
terminal, following from the Klaipedos Nafta’s decisions, adopted in
2019, to optimize the costs of Klaipeda LNG terminal and reduce the cost of LNG
terminal infrastructure for consumers, starting from 2020,” the company said.
Revenue from oil handling operations edged down by 0.4% y-o-y
to 23.8 mln euros, and the LNG terminal's revenue plunged by 38.5 % to 32.7 mln
euros in January through September.
The state owns 72.34% of shares in Klaipedos Nafta,
which is quoted on the blue-chip Main List of the Nasdaq Vilnius Stock
Exchange, and Achemos Grupe holds a 10.41% stake.
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