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AB Klaipedos Nafta October results

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LNG Industry,

During October 2017, in the LNG terminal of the AB Klaipedos Nafta, 1 million MWh of natural gas were re-gasified and supplied to the natural gas transmission system, while in October 2016 – 631 000 MWh. During the first ten months of 2017 the company in total re-gasified and reloaded 11.7 million MWh of the natural gas (during the same period of 2016 – 12.9 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 October 2017 comprise €5.5 million (October 2016 – €5.4 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 ten months of 2017 comprise €57.2 million and increased by 2.1% compared to the same period of 2016 (€56.0 million).

Total preliminary sales revenues of the company for the first ten months of 2017 comprise €87.5 million, i.e. 0.2% lower compared to same period 2016 (€87.7 million).

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