Klaipedos Nafta shows a 13.5% drop, 1.2 m tons of volumes in January-February

Total deliveries of oil products through the terminal Klaipedos Nafta (Lithuania) in January-February 2010 decreased by 13.5% compared with the reporting period last year, to 1.235 million tons. The January-February provisional data also show the KN company has had a 19.8-m-litas income, including February - 8.1m litas, or 7% and 13.8% respectively less than in the similar period last year, RZD-Partner.Ru reported.

The state-run Klaipedos Nafta was founded in 1994. Lithuania holds 70.6% stake in the company. In 2009 the volume of handled cargo at the terminal was at 7.659 million tons of oil, a year-over-year 6.7% drop.