2015-09-04 14:50:36 CEST

2015-09-04 14:51:59 CEST


REGULATED INFORMATION

Lithuanian English
Klaipedos Nafta - Notification on material event

Regarding specification of negotiation terms of procurement of financial services related to execution of purchase option of a floating LNG storage and regasification unit 


AB Klaipėdos Nafta (the Company) hereby informs that it has specified the terms
of negotiated procedure on procurement of the financial services (long-term
loan) amounting up to EUR 300 mln., in order to finance intended purchase
option of a floating liquefied natural gas (LNG) storage and regasification
unit for the purpose of decreasing annual LNG terminal exploitation costs. 

Changes of the terms of negotiated procedure mainly concern specifications to
the procedure in relation to the intention of the Company to obtain financing
of the loan from international financial institutions (e.g. European Investment
Bank, Nordic Investment Bank, European Bank for Reconstruction and
Development). If in course of the procedure of negotiations it will become
clear that the Company shall in fact obtain financing from the said alternative
source in full or in part, the amount of the financing to be obtained from
commercial banks shall be respectively reduced or withdrawn. 

On 6 August 2015 and 28 Augusts 2015 the Company informed about its intention
to borrow and respectively on initiation of procedure to procure financing with
the announcement of notification on material event. 

Document of explanations (specifications), reviewed terms of negotiated
procedure for provision of financial services (Long-term loan), red-line
version of the said are provided herein with the notification. 




         Marius Pulkauninkas, Director of Finance and Administration
Department, 8 46 391 763