Klaipedos Nafta, Baltic Oil Terminal, Sales Jump 30% in August

Klaipedos Nafta AB, Lithuania’s oil terminal on the Baltic sea, said sales increased 30 percent in August from the same period last year.

Sales grew to 12.5 million litai ($4.56 million) in August from 9.6 million litai last year, the Klaipeda-based company said in a statement to the stock exchange today. Revenue fell 9 percent to 90.9 million litai through the first eight months this year from a year earlier.

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

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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