SC Klaipedos Nafta transhipment results in January 2014

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| Source: Klaipedos Nafta AB
multilang-release

The preliminary sales revenues for January 2014 amounts to LTL 9.7 million (EUR 2.8 million); or less by 32.6 percent less if compared to January 2013 (i.e. LTL 14.4 million or EUR 4.2 million).

During January 2014 the Company reloaded 397 thousand tons of oil products into its storage tanks, i.e. by 47.4 percent less than in January 2013 (755 thousand tons). The reduced transshipment was influenced mainly due to the main client AB Orlen Lietuva halved volume of oil products delivered in the terminal compared to January 2013 and is a result of reduced refinery output because of unfavorable world oil product margins.  

         Mantas Bartuška, Director of Finance and Administration Department, tel. 8 46 391763