AB Klaipedos nafta preliminary transhipment and revenue results for the November 2016

During November 2016 AB Klaipedos nafta reloaded 544 thousand tons of petroleum products into its storage tanks of Klaipeda oil terminal and Subacius fuel base (SFB), i.e. less by 0.5 per cent compared to November 2015, when 547 thousand tons were reloaded.

During January – November of 2016 the Company in total reloaded 6,758 thousand tons of petroleum products into its storage tanks or greater by 17.2 per cent compared to the same period of 2015 when 5,764 thousand tons were reloaded. Total transhipment volume for the 11 months of 2016 is higher by 994 tons compared to the same period of previous year because of increased petroleum products transhipment of AB ORLEN Lietuva and increased petroleum products freights from Byelorussia.

During November 2016 in the Liquefied Natural Gas (LNG) Terminal of the Company 911 thousand MWh of the natural gas were re-gasified and supplied to the natural gas transmission system, i.e. grater by 3,2 times compared to November 2015, when 282 thousand MWh where re-gasified. During eleven months of 2016 the Company in total re-gasified 13,761 thousand MWh of the natural gas, i.e. grater by 3.1 times compared to the same period of 2015 when 4,372 thousand MWh natural gas was re-gasified.

The sales revenue of AB Klaipedos nafta oil terminal and SFB for the November 2016 comprise EUR 2.4 million that is less by 22.6 per cent compared to the revenue of November 2015 (EUR 3.1 million). The preliminary sales revenues during January – November of 2016 of the Company’s oil terminal and SFB comprise EUR 34.1 million and are less by 5.5 per cent compared to the same period of 2015 (EUR 36.1 million).

The preliminary sales revenues of the Company’s LNG Terminal for November 2016 comprise EUR 5.5 million (November 2015 – EUR 5.4 million), which consist of the liquefaction and regasification activity revenues for the period calculated based on the tariffs approved by the National Control Commission for Energy Control and Prices. The preliminary revenue of the LNG terminal for the 11 months of 2016 comprise EUR 61.4 million and are grater by 3.5 per cent compared to the same period 2015 (EUR 59.3 million).

Total preliminary sales revenues of the Company for the 11 months of 2016 comprise EUR 95.5 million, i.e. 0.1 per cent grater compared to same period 2015 (EUR 95.4 million).Source: AB Klaipedos Nafta