Klaipedos Nafta AB - Notification on material event

Public company Klaipėdos nafta has signed an agreement with TNK-BP

On 2010 December 7 public company Klaipėdos nafta (hereinafter - Issuer) signed
a fuel oil transshipment  services agreement with TNK-BP (hereinafter -
Customer). 
According to this contract, parties agreed about fuel oil transshipment through
Issuer terminal on unspecified overloading volumes in winter months. 

Issuer also informs about transshipment services agreements with Russia‘s
Lukoil subsidiary LITSCO S.A., Swiss company  Arkham SA , Singpore‘s Chemoil
subsidiary Baltic Fuel Inc. and Swiss company Mercuria Energy Trading S.A. 

Those contracts allow to diversify of Issuer's orders portfolio and to minimize
the share of the largest clients' in Issuer‘s portfolio.  All agreements were
signed directly with owners of the oil products. 


Johana Bučienė
Senior accountant
+370 46 391 636