Klaipedos nafta pretax profit to grow by 6.5% in 2006

Pretax profit of Klaipedos nafta (Lithuanian oil terminal) $6.08 million in 2006. This year, the company plans to get $3.38 of pretax profit, RZD-Partner reports. In 2006, the company’s income totaled $27.4 million, while this year it is to make $29.1 million (+6,5%). Klaipedos nafta plans to produce 5.8 million tons of oil products in 2007 (+5%, year-on-year). Investments into modernization and equipment will total $3.46 million. The state owns 70.63% of the terminal’s stock.