AB Klaipedos Nafta preliminary activity and revenue results for the November
2017
During November 2017 in AB Klaipedos nafta (hereinafter - the Company) reloaded
646 thousand tons of petroleum products into its storage tanks of Klaipeda and
Subacius oil terminals, i.e. greater by 18.8 per cent compared to November
2016, when 544 thousand tons were reloaded.
During 11 months of 2017 the Company in total reloaded 6,342 thousand tons of
petroleum products into its storage tanks or less by 6.2 per cent compared to
the same period of 2016 when 6,758 thousand tons were reloaded.
Improved geopolitical situation and Company's ability to attract new clients
and new oil products in the second half of 2017 enables the Company to get
closer to the transhipment level of 2016 year.
In November 2017 in the Liquefied Natural Gas (LNG) terminal of the Company 527
thousand MWh of the natural gas were re-gasified and supplied to the natural
gas transmission system, while in November 2016 - 911 thousand MWh. During the
first eleven months of 2017 the Company in total re-gasified and reloaded
12,187 thousand MWh of the natural gas (during the same period of 2016 - 13,761
thousand MWh).
The preliminary sales revenues for November 2017 of Company's oil terminals'
comprise EUR 3.5 million and are higher by 40.0 percent compared to the same
period of 2016 (EUR 2.5 million). The preliminary sales revenues for January -
November 2017 of the Company's oil terminals comprise EUR 33.7 million and are
less by 1.7 per cent compared to the same period of 2016 (EUR 34.3 million).
The preliminary sales revenues of the Company's LNG Terminal for November 2017
comprise EUR 5.5 million (November 2016 - also EUR 5.5 million). These revenues
comprise from the part of security supplement dedicated for compensation of LNG
terminal exploitation expenses, as well as regasification and reloading
tariffs. The preliminary revenues of the LNG terminal for the first eleven
months of 2017 comprise EUR 62.7 million and increased by 2.0 per cent compared
to the same period of 2016 (EUR 61.5 million).
Total preliminary sales revenues of the Company for the first eleven months of
2017 comprise EUR 96.4 million, i.e. 0.6 per cent higher compared to same
period 2016 (EUR 95.8 million).
Petroleum products transhipment and LNG re-gasification and reloading:
November January - November
--------------------------------------------------------------------------------
2017 2016 Change, 2017 2016 Change,
% %
--------------------------------------------------------------------------------
Petroleum products transhipment, 646 544 18.8% 6,342 6,758 -6.2%
thousand tons
--------------------------------------------------------------------------------
LNG re-gasification and reloading, 527 911 -42.2% 12,187 13,761 -11.4%
thousand MWh
--------------------------------------------------------------------------------
Petroleum products transhipment and LNG re-gasification and reloading in 2017
by month:
Januar Februa March April May June July August Septem
Octobe Novemb
y ry ber r
er
--------------------------------------------------------------------------------
--------
Petrol 625 561 368 435 668 605 671 627 666 471
646
eum
produ
cts
trans
hipmen
t,
thous
and
tons
--------------------------------------------------------------------------------
--------
LNG 784 105 652 1,436 1,233 659 1,668 2,176 1,955 993
527
re-ga
sifica
tion
and
reloa
ding,
thous
and
MWh
--------------------------------------------------------------------------------
--------
Preliminary revenues of the Company, EUR million:
November January - November
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2017 2016 Change, % 2017 2016 Change, %
---------------------------------------------------------------------
Oil terminals' activity 3.5 2.5 40.0% 33.7 34.3 -1.7%
---------------------------------------------------------------------
LNG terminal activity 5.5 5.5 0% 62.7 61.5 2.0%
---------------------------------------------------------------------
Total: 9.0 8.0 12.5% 96.4 95.8 0.6%
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Marius Pulkauninkas, Chief Financial Officer, 8 46 391 763© 2017 GlobeNewswire
