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AB Klaipedos Nafta releases latest LNG activity and revenue results

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LNG Industry,

AB Klaipedos Nafta (KN) has released its latest preliminary LNG activity and revenue results for the January 2019.

In January 2019, the company’s LNG terminal regasified and reloaded 471 000 MWh of natural gas, compared to 263 000 MWh in January 2018 (an increase of 79.1%).

The preliminary sales revenue of the company’s LNG terminal for January 2019 comprised €5.6 million (January 2018 – €6.7 million). Revenue consists of the one twelfth of the regasification tariff for booked annual capacities approved by the National Control Commission for Energy Control and Prices for 2019 and the regasification tariff for amount of regasified LNG. Revenue for January 2018 was higher by €0.9 million due to adjustment of actual booked gas capacities for 2017. Adjustment for actual gas capacities for 2018 are not calculated and has not been recorded yet.

Total preliminary sales revenue for KN in January 2019 amounted to €8.7 million – less by 20.9% compared to the same period of 2018 (€11.0 million).

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LNG project news LNG import news Current LNG projects