Klaipedos Nafta - Notification on material event

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

During June 2015 SC Klaipedos nafta (hereinafter - “the Company”) reloaded 634
thousand tons of petroleum products into its storage tanks of Klaipėda oil
terminal and Subacius fuel base (SFB), i.e. greater by 56.9 percent compared to
June 2014, when 404 thousand tons were reloaded. 

Total during the first half of 2015 the Company reloaded 3,328 thousand tons of
petroleum products into its storage tanks, greater by 33.2 percent compared to
the same period of 2014 when 2,499 thousand tons were reloaded. The main reason
for the transhipment volume growth in 2015 is the larger volume of petroleum
products delivered both from SC Orlen Lietuva refinery and from Belarus
refineries. 

During June 2015 in the Liquefied Natural Gas (LNG) Terminal of the Company 351
thousand MWh (total during the first six months of 2015 2,640 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 June 2015 comprise EUR 3.1 million (LTL 10.7 million); greater by 34.8
percent compared to June 2014 (i.e. EUR 2.3 million or LTL 7.9 million). 

The preliminary sales revenues of the Company's LNG Terminal for June 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 half of 2015 comprise EUR 21.3 million (LTL 73.5 million) and are
greater by 27.5 percent compared to the same period of 2014 (EUR 16.7 or LTL
57.7 million). 

Total preliminary revenue of the Company for the first half of 2015 comprise
EUR 53.7 million (LTL 185.3 million) while for the same period of 2014 it was
EUR 16.7 million (LTL 57.7 million). 


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