Preliminary turnover of AB Klaipėdos nafta for July 2021

Preliminary revenue from the Company’s oil terminals for July 2021 includes 1.6 million euros and is 0.8 million euros or 33.3% lower compared to July 2020. The revenue of Preliminary business of the Company’s oil terminals for the seven months of 2021 includes EUR 12.4 million and is 33.0% lower compared to the same period of 2020.

The preliminary turnover of the Company’s Klaipėda LNG terminal for July 2021 amounts to 2.7 million euros (in the same month of 2020 – 3.6 million euros). The revenues of the Klaipėda LNG terminal from regulated activities consist of the fixed part of the regasification tariff (for the annual reserved capacities), the variable part of the amount of regasified LNG and recharging revenues. The income level of the Klaipėda LNG terminal (for the annual reserved capacities) does not depend on the volume of regasification. Revenues are confirmed by the National Energy Regulatory Council (NERC) based on the approved methodology of state regulated prices in the natural gas sector and are calculated for the entire coming year . The preliminary turnover of the Klaipėda LNG terminal for the seven months of 2021 decreased by 20.2% compared to the same period of 2020. The main reason for the decrease in income is the proportional reduction of the safety surcharge in 2021, based on the LNG return surplus for the period 2014-2019, which was established for the regulated activities of the Company, and is equal to 1.9 million euros.

The preliminary turnover of the Company’s commercial LNG activity for July 2021 amounts to 0.2 million euros and is at the same level as in July 2020. The preliminary turnover of the activity The Company’s commercial LNG for the first seven months of 2021 amounts to 1.5 million euros. and is 6.3% lower compared to the same period of 2020.

The preliminary total turnover of the Company for January-July 2021 amounts to 34.5 million euros and is 24.8% lower compared to the same period of 2020 – 45.9 million euros .

Preliminary turnover of the Company, in millions of euros:

July january – july
2021 2020 Change 2021 2020 Change
Oil terminals activity 1.6 2.4 -33.3% 12.4 18.5 -33.0%
LNG terminal activity 2.7 3.6 -25.0% 20.6 25.8 -20.2%
LNG business activity 0.2 0.2 0% 1.5 1.6 -6.3%
Total 4.5 6.2 -27.4% 34.5 45.9 -24.8%

Indrė Kisielienė, Interim Chief Financial Officer, +370 686 16276


Source link

Comments are closed.