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2008 March 4   07:58

Oil terminal Klaipedos nafta ups shipment by 37% in Jan-Feb, y-o-y, to 1.416 million tonnes

In January-February 2008, Lithuania based oil terminal Klaipedos nafta shipped 1.416 million tonnes of oil products (+36.9%, year-on-year), the company’s press-attache Eugenijus Vilunas is quoted by Interfax according to Gudok.Ru. Eugenijus Vilunas says the terminal’s profit grew by 37.2%, year-on-year, to LTL 20.3 million.

Vilunas attributes the growth mainly to stable cargo flows, contracts with regular customers, successful cooperation with railway company Lietuvos gelezinkeliai and favorable weather conditions.

As it was reported earlier, in 2007 Klaipedos nafta shipped 5.403 million tonnes of oil products (-1.9%, year-on-year). The company’s net profit totaled LTL 8.6 million (-32.8%), proceeds grew by 9.9%, year-on-year, to LTL 78.4 million. The state holds 70.63% of Klaipedos nafta shareholding.

EUR 1 is equal to LTL 3.4528.

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