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Home Terminal News

Klaipedos Nafta oil terminal loading down

August 6, 2009
in Terminal News
1 min read
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Klaipedos Nafta, Lithuania’s state-owned oil terminal, has reloaded 4.4 million tonnes of refined oil products during the first seven months of the year, down from 5.1 million tonnes during the same period in 2008.

Klaipedos’s profit for the first half of the year fell 15% to 16.5 million litas (€4.77 million) due to reduced loadings from Belarusian and Russian refiners.

The reduction was due Belarus' decision to stock up on fuel oil reserves for the winter.

Klaipeda plans to reload 7.1 million tonnes of oil products this year, while the loadings for the first half totalled 3.7 million tonnes.

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