Mazeikiu Nafta—Exporter of the Year

12-06-2007  News

The Lithuanian Confederation of Industrialists held its annual conference and awarded Lithuanian companies which made the most significant contribution into the growth of the national export in 2006. Mazeikiu Nafta received the title of “The Best Lithuanian Exporter 2006.”

If compared to 2005, the national export increased by 18.4 per cent in 2006 and amounted to more than LTL 38.81 billion. Like the previous years, Mazeikiu Nafta made the greatest contribution into Lithuania’s exports—sales of our products accounted for 23 per cent of the total national export amount.

Our revenues from sales outside Lithuania increased from LTL 8.7 billion to LTL 8.96 billion last year. Our largest market remained the USA for gasoline and Western Europe (France, Spain, and Iceland) for diesel.

Our jet fuel has been highly valued by the Icelanders in the recent years—we are the major supplier of this fuel for Keflavik International Airport servicing not only the flights of the domestic airlines but also aircrafts operated on the routes between North America and Europe. The other major customer of our company is BP Oil International, which is the supplier of our jet fuel to the Swedish Air Force.

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