Skip to main content

AB Klaipedos Nafta announces February 2018 results

Published by
LNG Industry,

AB Klaipedos Nafta has released preliminary activity and revenue results for February 2018.

In February 2018 AB Klaipedos nafta's LNG terminal re-gasified and supplied 328 000 MWh of natural gas to the natural gas transmission system. This marks a significant increase compared to the 105 000 MWh supplied in February 2017.

During the first two months of 2018 the company re-gasified and reloaded a total of 591 000 MWh of natural gas – a significant decrease from the 890 000 MWh re-gasified and reloaded during the same period of 2017.

The preliminary sales revenue of the company's LNG terminal for February 2018 comprised €5.3 million (comparable to that of February 2017 – €5.4 million). The revenue consists of the re-gasification tariff fixed part (for booked annual capacities) and the variable part for the amount of re-gasified LNG as well as the reloading tariffs.

The preliminary revenue of the LNG terminal for the first two months of 2018 comprised €12.0 million – 8.4% lower than the revenue accrued in the same period of 2017 (€13.1 million).

In the company's announcement regarding preliminary transhipment and revenue results for January 2018 the preliminary revenue of the LNG terminal was indicated to be €5.3 million. Although gas consumption capacities for 2017 year were recalculated, subsequently the LNG funds administrator recalculated and adjusted the re-gasification tariff fixed part for January 2018, deciding on a total of €6.7 million. This figure is €1.4 million higher than the amount indicated in the announcement regarding the revenue for January 2018 released by the company on 7 February 2018.

Read the article online at:

You might also like


[WEBINAR] Insulation advances: Mitigating noise and CUI in your LNG plant

Heightened noise levels are harmful to the well-being and productivity of a plant’s personnel as well as the surrounding environment. With excessive noise presenting so many financial and health and safety risks, LNG plants need reliable, cost-effective noise-reduction solutions. This webinar will outline the most popular acoustic standards in the industry today and distill down to the audience what they need to know in order to best protect their work personnel and profits.

Register for your free space today »


Embed article link: (copy the HTML code below):