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AB Klaipedos Nafta releases results for September 2017

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LNG Industry,

AB Klaipedos Nafta have released preliminary activity and revenue results for the September 2017.

In September 2017 in the LNG terminal of the company 1.96 million MWh of the natural gas were regasified and supplied to the natural gas transmission system, while in September 2016 – 1.16 million MWh. During the first nine months of 2017 the company in total regasified and reloaded 10.67 million MWh of the natural gas (during the same period of 2016 – 12.22 million MWh). The LNG terminal activity level is lower in relation with lower capacities ordered by the terminal users.

The preliminary sales revenues of the company’s LNG Terminal for September 2017 comprise €5.6 million (September 2016 – €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 nine months of 2017 comprise €51.7 million and increased by 2.4% compared to the same period of 2016 (€50.5 million).

Total preliminary sales revenues of the company for the first nine months of 2017 comprise €79.8 million, i.e. 0.9% lower compared to same period 2016 €80.5 million).

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