AB Klaipėdos nafta preliminary revenue for February 2021
The preliminary sales revenue of the Company’s oil terminals for February 2021 comprises EUR 1.3 million and is lower by EUR 0.8 million or by 38.1 % compared to February of 2020. The preliminary sales revenue of the Company’s oil terminals for the two months of 2021 comprises EUR 3.6 million and is lower by 12.2 % compared to the same period of 2020.
The preliminary sales revenue of the Company’s Klaipėda LNG terminal for February 2021 comprises EUR 2.7 million (during the same month of 2020 – EUR 3.6 million). Klaipėda LNG terminal revenue from regulated activities consists of the regasification tariff fixed part (for booked annual capacities), variable part for amount of re-gasified LNG and reloading revenue. The level of Klaipėda LNG terminal revenue (for booked annual capacities) does not depend on regasification volume. Revenue is confirmed by the National Energy Regulatory Council (NERC) based on the approved methodology of State regulated prices in the natural gas sector and is calculated for the whole upcoming year. The preliminary sales revenue of Klaipėda LNG terminal for the two months of 2021 decreased by 25.3 % compared to the same period of 2020. The main reasons for the lower revenue are both due to lower regasification volumes during first two months of 2021, compared to the same period last year, and because of proportionate reduction of security supplement in 2021, based onthe surplus of LNG return from the period 2014-2019, which was established for the regulated activities of the Company, and is equal to EUR 1.9 million.
The preliminary sales revenue of the Company’s commercial LNG activity for February 2021 comprises EUR 0.2 million and is lower by EUR 0.1 million or by 33.3 % compared to February of 2020. The preliminary sales revenue is higher due to the decrease in consultations of business development projects compared to the same period of 2020. The preliminary sales revenue of the Company’s commercial LNG activity for the two months of 2021 comprises EUR 0.5 million.
Total preliminary sales revenue of the Company for January-February 2021 amounts to EUR 10.0 million and is lower by 20.6 % compared to the same period of 2020 – EUR 12.6 million.
Preliminary revenue of the Company, EUR million:
February | January - February | |||||
2021 | 2020 | Change | 2021 | 2020 | Change | |
Oil terminals activity | 1.3 | 2.1 | -38.1% | 3.6 | 4.1 | -12.2% |
LNG terminal activity | 2.7 | 3.6 | -25.0% | 5.9 | 7.9 | -25.3% |
Commercial LNG activity | 0.2 | 0.3 | -33.3% | 0.5 | 0.6 | -16.7% |
Total | 4.2 | 6.0 | -30.0% | 10.0 | 12.6 | -20.6% |
Jonas Lenkšas, Chief Financial Officer, +370 694 80594.
To view this piece of content from ml-eu.globenewswire.com, please give your consent at the top of this page.
About GlobeNewswire by notified
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Landsbankinn hf.: Notice of postponement of Landsbankinn’s 2024 AGM19.3.2024 14:38:02 CET | Press release
A meeting of the Board of Directors of Landsbankinn hf. on 19 March 2024 determined to postpone the annual general meeting of the Bank, scheduled to be held on Wednesday, 20 March 2024. Following consultation with Icelandic State Financial Investments, it was decided to hold the AGM on 19 April 2024.
Kvika banki hf.: Hugrún Sif Harðardóttir appointed internal auditor of Kvika banki hf.19.3.2024 14:30:57 CET | Press release
Hugrún Sif Harðardóttir has been appointed internal auditor of Kvika banki hf. by the bank's Board of Directors and has commenced her duties. Hugrún has been a valued member of Kvika's internal audit team since last autumn, previously serving as the deputy director of the internal audit department. With approximately 15 years of experience in the financial sector, she brings extensive expertise in internal auditing, operational risk management, and process optimization. Prior to joining Kvika, Hugrún held positions in internal audit at Landsbankinn from 2021 to 2023 and at Arion banki from 2009 to 2021, where she specialized in internal audit, process optimization, and operational risk management. Additionally, she has a background in quality and information security management, having worked at ANZA and Teris. Hugrún holds a Master of Science degree in Analysis, Design, and Management of Information Systems from the London School of Economics and Political Science (LSE), awarded in 20
SCOR Investment Partners reaches EUR 20 billion of asset under management driven by significant net inflows19.3.2024 14:24:11 CET | Press release
PRESS RELEASE | March 19, 2024N° 01- 2024 SCOR Investment Partners reaches EUR 20 billion of asset under management driven by significant net inflows. SCOR Investment Partners, the SCOR Group’s asset management company, is proud to announce that it has surpassed the milestone of EUR 20 billion of assets under management. 2023 provided a turning point for third-party activities with a significant acceleration of assets under management. This growth is the result of the strategic objectives pursued by SCOR Investment Partners, which offers specialized investment solutions to institutional clients, and is in line with the SCOR group's latest strategic plan, Forward 2026. As of end 2023, third-party assets under management reached almost EUR 7.4 billion driven by close to EUR 900 million net inflows from external investors. Louis Bourrousse, Chief Executive Officer of SCOR Investment Partners, comments:“We are thrilled of these results confirming that we are recognized by our clients. Thes
Prosafe SE: Operational Update - March 202419.3.2024 13:27:59 CET | Press release
Fleet utilization for February 2024 was 55.9 percent. Safe Notos, Safe Zephyrus and Safe Concordia had utilization of 100 percent in February. Safe Eurus had utilization of 91.3 percent in February due to a repair that was completed during the month. Safe Caledonia is laid up at Scapa Flow in the UK pending future work. Safe Boreas and Safe Scandinavia are laid up in Norway pending future work Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to https://www.prosafe.com Stavanger, 19 March 2024 Prosafe SE For further information, please contact: Terje Askvig, CEO Phone: +47 952 03 886 Reese McNeel, CFO Phone: +47 415 08 186 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
Inside Information: Manu Skyttä, new President and CEO of Aspocomp Group Plc, will assume his duties on May 20, 202419.3.2024 13:25:00 CET | Press release
Aspocomp Group Plc, Inside Information, March 19, 2024 at 2:25 p.m. “We are pleased that Manu Skyttä will take up his position as President and CEO of Aspocomp in May. With his character, competence and energy, Mr. Skyttä strengthens Aspocomp’s strategy as a trusted supplier of demanding circuit board technology to all Aspocomp customers. At this point, I would like to thank Mikko Montonen on behalf of the entire Board for his long-term commitment to Aspocomp,” says Päivi Marttila, Chair of Aspocomp’s Board. Manu Skyttä succeeds Mikko Montonen, who, as previously announced, has agreed with the Board of Directors to step down from the role of President and CEO of the company. Mr. Montonen has committed to staying on as the company's President and CEO until May 20, 2024. For further information, please contact Päivi Marttila, the Chair of the Board of Directors, tel. +358 40 028 5358. ASPOCOMP GROUP PLC Board of Directors Aspocomp – heart of your technology A printed circuit board (PCB)