AB Klaipėdos Nafta preliminary activity and revenue results for the June 2018
In June 2018 AB Klaipėdos nafta (hereinafter – the Company) has reloaded 516 thousand tons of petroleum products in Klaipėda and Subačius oil terminals (in June 2017 - 605 thousand tons were reloaded).
During the first half of 2018 the Company in total reloaded 3,595 thousand tons of petroleum products into its storage tanks or more by 10.2 per cent compared to the same period of 2017 when 3,262 thousand tons were reloaded.
The overall increase in loading volumes for the six months were determined by increased transit cargo flows.
In June 2018 the Company’s Liquefied Natural Gas (LNG) terminals has re-gasified and reloaded 819 thousand MWh of natural gas or more by 24.3 per cent compared with the same period in June 2017 (659 thousand MWh). During the first half of 2018 the Company in total re-gasified and reloaded 4,519 thousand MWh of the natural gas (during the same period of 2017 – 4,869 thousand MWh).
The preliminary sales revenue of the Company’s oil terminals’ for June 2018 amount to EUR 3.1 million (during the same period of 2017 - EUR 2.9 million). The preliminary sales revenue for January – June 2018 of the Company’s oil terminals comprise EUR 20.2 million and are higher by 16.1 per cent compared to the same period of 2017 (EUR 17.4 million).
The preliminary sales revenue of the Company’s LNG Terminal for June 2018 comprise to EUR 5.3 million (June 2017 – EUR 5.5 million). Revenue consists of the re-gasification tariff fixed part (for booked annual capacities) and variable part for amount of regasified LNG as well as and reloading tariffs. The preliminary revenue of the LNG terminal for the first half of 2018 comprise EUR 32.6 million and are lower by 6.9 per cent compared to the same period of 2017 (EUR 35.0 million).
Total preliminary sales revenue of the Company in the first half of 2018 amount to EUR 52.8 million, or more by 0.8 per cent compared with the same period of 2017 - EUR 52.4 million.
Petroleum products transhipment and LNG re-gasification and reloading:
| June | January - June | |||||
| 2018 | 2017 | Change, % | 2018 | 2017 | Change, % | |
| Petroleum products reloaded, thousand tons | 516 | 605 | -14.7% | 3,595 | 3,262 | 10.2% |
| LNG re-gasification and reloading, thousand MWh | 819 | 659 | 24.3% | 4,519 | 4,869 | -7.2% |
Petroleum products transshipment, LNG re-gasification and reloading volumes in 2018:
| January | February | March | April | May | June | |
| Petroleum products reloaded, thousand tons | 776 | 664 | 599 | 403 | 637 | 516 |
| LNG re-gasification and reloading, thousand MWh | 263 | 328 | 509 | 1,150 | 1,450 | 819 |
Preliminary revenue of the Company, EUR million:
| June | January - June | |||||
| 2018 | 2017 | Change, % | 2018 | 2017 | Change, % | |
| Oil terminals’ activity | 3.1 | 2.9 | 6.9% | 20.2 | 17.4 | 16.1% |
| LNG terminal activity | 5.3 | 5.5 | -3.6% | 32.6 | 35.0 | -6.9% |
| Total: | 8.4 | 8.4 | 0.0% | 52.8 | 52.4 | 0.8% |
Jonas Lenkšas, Chief Financial Officer,
