Klaipedos Nafta November Sales Climb on Belarus, Russia Demand

AB Klaipedos Nafta, which operates Lithuania’s oil terminal on the Baltic Sea, said sales grew 23 percent in November from last year on increasing demand for oil shipments to Belarus and Russia.

Sales rose to a record monthly 14.5 million litai ($5.5 million) from 11.8 million litai in November a year earlier, the Klaipeda-based company said in a statement to the stock exchange today. Oil product shipments for the month climbed an annual 11 percent to 829,000 tons, it said.

To contact the reporter on this story: Milda Seputyte in Vilnius at mseputyte@bloomberg.net

To contact the editor responsible for this story: Willy Morris at wmorris@bloomberg.net

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