Klaipedos Nafta - Notification on material event

SC Klaipedos Nafta preliminary transhipment and revenue results for the October 2015

During October 2015 SC Klaipedos Nafta (hereinafter - “the Company”) reloaded
534 thousand tons of petroleum products into its storage tanks of Klaipeda oil
terminal and Subacius fuel base (SFB), i.e. by 7.2 percent better compared to
October 2014, when 498 thousand tons were reloaded. 

Totally during the first ten months of 2015 the Company reloaded 5,216 thousand
tons of petroleum products into its storage tanks or greater by 18.8 percent
compared to the same period of 2014 when 4,391 thousand tons were reloaded. The
main reason for the transhipment volume growth in 2015 is the larger volume of
petroleum products delivered from SC Orlen Lietuva refinery and attracted new
customers that caused the larger cargos of oil products. 

During October 2015 in the Liquefied Natural Gas (LNG) Terminal of the Company
320 thousand MWh (total during the ten months of 2015 - 4,089 thousand MWh) of
the natural gas were re-regasified and supplied to the natural gas transmission
system (this activity started to be carried out on 27 October 2014). 



The preliminary sales revenues of the Company's Oil terminal and Subacius fuel
base for October 2015 comprise EUR 2.7 million (LTL 9.3 million) and meets the
preliminary sales revenues for October 2014 (i.e. EUR 2.7 million or LTL 9.3
million). 

The preliminary sales revenues of the Company's LNG Terminal for October 2015
comprise EUR 5.4 million (LTL 18,6 million), which is equal to the one twelfth
of the sum of necessary LNG Terminal operation costs and return on investments
into LNG Terminal infrastructure for the year 2015, approved by the National
Commission for Energy Control and Prices. 

The preliminary sales revenues for the first ten months 2015 of SC Klaipedos
Nafta oil terminal and SFB comprise EUR 33.1 million (LTL 114.3 million) and
are greater by 23.0 percent compared to the same period of 2014 (EUR 26.9 or
LTL 92.88 million). 


         Marius Pulkauninkas, Director of Finance and Administration
Department, tel. 8 46 391763