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Klaipedos Nafta Oil Terminal December Sales Fall 10% in Year

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Jan. 4 (Bloomberg) -- AB Klaipedos Nafta, which operates Lithuania’s oil terminal on the Baltic Sea, said revenue fell 10 percent in December from the same period a year earlier.

Sales fell to 8.4 million litai (3.15 million), the Klaipeda-based company said in a statement to the stock exchange today. Full-year revenue rose 15 percent to 142.1 million litai in 2011, 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: Balazs Penz at bpenz@bloomberg.net

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