Klaipedos Nafta LNG terminal revenue drops in January

Klaipedos Nafta LNG terminal revenue drops in January
Image courtesy of Klaipedos Nafta

Klaipedos Nafta, the operator of the first Lithuanian LNG terminal reported a 4.9 percent drop in sales revenue from the facility during January 2017. 

Revenue for the month under review reached €5.8 million (Approx: US$6.2 million) dropping from €6.1 million in the corresponding month in 2016.

Höegh LNG’s FSRU Independence located in the port of Klaipeda regasified 619,000 MWh of the chilled gas and supplied it to the natural gas transmission system during the month.

The regasification volume, compared to January 2016 dropped 42.2 percent from 1.07 million MWh.

The largest of the three Baltic nations, Lithuania started importing LNG in December 2014 in order to reduce its dependence on Russian pipeline gas supplies.

Deliveries to Lithuania’s LNG terminal are being split between Litgas, a part of state-controlled energy group Lietuvos Energija, Lietuvos Duju Tiekimas, and Lithuanian fertilizer producer Achema.

1 EUR = 1.06754 USD

Share this article

Follow LNG World News

Events>

<< Nov 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Nov 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

FLNG World Congress 2019

2019 FLNG World Congress will bring together stakeholders across the floating liquefaction value…

read more >

Budapest LNG Summit 2019

The Budapest LNG Summit is a niche event focused on the up and coming LNG region of Central & Eastern Europe (CEE).

read more >