Klaipedos Nafta - Notification on material event

The Government of the Republic of Lithuania approved the draft resolution of the Seimas of the Republic of Lithuania to grant a state guarantee to the Nordic Investment Bank

On 11 June 2014, the Government of the Republic of Lithuania decided to approve
the draft resolution of the Seimas of the Republic of Lithuania (hereinafter,
the Seimas) “On granting a state guarantee to the Nordic Investment Bank” and
to present it to the Seimas. According to the draft resolution, it is intended
to grant the state guarantee for a term up to 20 years of the amount of  EUR 34
754 402 (LTL 120 million) for a loan to be taken by AB Klaipėdos Nafta
(hereinafter, the Company) from the Nordic Investment Bank (hereinafter, the
NIB), as the Company seeks to borrow this respective amount from the NIB to
finance the project of the Liquified natural gas terminal in Lithuania. 


         Director of Finance and Administration Department, Mantas Bartuška,
+370 46 391 763