Amber Grid - Notification on material event

Introduction of amendments to agreements on the European Union's financial assistance to preparatory works and construction works of the Gas Interconnection Poland-Lithuania (GIPL) project

Lithuania’s natural gas transmission system operator, AB Amber Grid,  and
Poland’s gas transmission system operator, GAZ-SYSTEM S.A., together with the
European Union (EU) Innovation and Networks Executive Agency (INEA) have
introduced amendments to the tripartite EU financial support agreement under
the Connecting Europe Facility (CEF) for the Gas Interconnection
Poland-Lithuania (GIPL) for the project Actions “Preparatory works for the Gas 
Interconnection Poland-Lithuania up to building permission(s) obtainment” and
“Construction of Gas  Interconnection Poland-Lithuania (GIPL) including
supporting infrastructure”. 

According to the Amendment to the Agreement on the GIPL project Action
“Preparatory works for the Gas Interconnection Poland-Lithuania up to building
permission(s) obtainment” the maximum amount of EU financial support allocated
to AB Amber Grid remains unchanged and amounts to EUR 2.5 million. 

According to the Amendment to the  Agreement on the GIPL project  Action
“Construction of Gas  Interconnection Poland-Lithuania (GIPL) including
supporting infrastructure”  the maximum amount of the EU financial support
allocated to AB Amber Grid  goes up from the originally planned EUR 55 million
to EUR 58 million. The project completion date was extended until 31 December
2021. 

Please find attached AB Amber Grid’s press release.

The individual authorised by AB Amber Grid (the issuer) to provide additional
information on the material event: 

Danas Janulionis

Head of Strategic Planning and Communications Division

tel. +370 5 232 7747

fax +370 5 236 0850

e-mail: d.janulionis@ambergrid.lt

Attachments:

press_release_2017-01-18.pdf