Klaipedos Nafta - Notification on material event

SC Klaipedos Nafta transhipment and revenue results for the April 2015

During April 2015 SC Klaipedos nafta (hereinafter - “the Company”) reloaded 493
thousand tons of petroleum products into its storage tanks of Klaipėda oil
terminal and Subacius fuel base (SFB), i.e. greater by 1.5 percent compared to
April 2014, when 486 thousand tons were reloaded. 

Total during the first four months of 2015 the Company reloaded 1,991 thousand
tons of petroleum products into its storage tanks, greater by 22.7 percent
compared to the same period of 2014 when 1,623 thousand tons were reloaded. The
reason for the transhipment increase in 2015 is the delivered petroleum
products from Belarus in accordance to the renewed co-operation with the
Belorussian Oil Company (BNK) and more petroleum products were delivered by SC
Orlen Lietuva. 

In April 2015 in the Liquefied Natural Gas (LNG) Terminal of the Company 459
thousand MWh (total during the first four months of 2015 1,859 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 November 2014). 



The preliminary sales revenues of the Company's Oil terminal and Subacius fuel
base for April 2015 comprise EUR 4.3 million (LTL 14.8 million); greater by
48.3 percent compared to April 2014 (i.e. EUR 2.9 million or LTL 10.0 million).
The sales revenues in April 2015 also comprise income for the sale of heavy oil
products recovered in the water treatment facilities that brought EUR 0.7
million (LTL 2.4 million). 

The preliminary sales revenues of the Company's LNG Terminal for April 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 of SC Klaipedos Nafta oil terminal and SFB for
the first four months of 2015 comprise EUR 14.7 million (LTL 50.9 million) and
are greater by 23.5 percent compared to the same period of 2014 (EUR 11.9 or
LTL 41.0 million). 

Total preliminary revenue of the Company for the first four months of 2015
comprise EUR 36.3 million (LTL 125.3 million) while for the same period of 2014
it was EUR 11.9 million (LTL 41.1 million). 


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