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AB Klaipedos Nafta releases July LNG results

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LNG Industry,

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

In July 2018 the company’s LNG terminals regasified and reloaded 838 000 MWh of natural gas. In the same period of 2017 were reloaded 1.7 million MWh (down 49.8%). During the first seven months of 2018 the company in total regasified and reloaded 5.4 million MWh of the natural gas, compared to 6.5 million MWh in the same period in 2017 (down by 18%).

The preliminary sales revenue of the company’s LNG Terminal for July 2018 comprised €5.3 million (July 2017 comprised €5.6 million – decrease of 5.4%). Revenue consists of the regasification 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 seven months of 2018 comprised €37.8 million – a decline of 6.7% from the same period in 2017 (€40.5 million).

Total preliminary sales revenue of the company in the first seven months of 2018 amount to €60.5 million; a decrease of 1.3% from the same period in 2017 (€61.3 million).

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