OREANDA-NEWS. July 08, 2011. In June 2011 the Company reloaded 748 thousand tons of oil products into tankers (12 percent more than in June 2010) and discharged 669 thousand tons of oil products into the storage tanks of the Terminal (4 percent more than in June 2010). During the first half of 2011 the Company reloaded 3,992 thousand tons of oil products, by 2 percent less than during the same period of 2010 when 4,063 thousand tons were reloaded.  

Revenues of the Company during June 2011 accounted to LTL 20.657 million (EUR 5.98 million), 119 percent more if compared to June 2010. The revenues during the first half of 2011 increased up to LTL 80.6 million (EUR 23.4 million) - by 26 percent greater than during the same period of 2010 (LTL 63.9 million (EUR 18.5 million – during the first half of 2010).

The increase of revenues during the first half of 2011 was influenced by the significant factors such as successful operations without intermediaries when after termination of cooperation with UAB „Naftos grupe“ the Company gained about LTL 5 million (EUR 1.4 million) additional earnings by applying higher transshipment tariffs; - the implemented structural reorganization in the commercial sphere which added LTL 4 million (EUR 1.2 million) earnings from additional services rendered to the clients for oil products residuals as well as successful sales in June of oil products recovered from oily ballast and water contaminated by oil products that brought LTL 5.7 million (EUR 1.7 million) income.