Klaipedos Nafta - Notification on material event

AB Klaipedos nafta has signed a long term contract regarding oil product transshipment

AB  Klaipedos nafta (hereinafter – the Company) and BNK (UK) Limited which is
an affiliate of the leading exporter of Belarusian oil products – ZAT
“Belaruskaja  neftenaja kampanija”, have signed a long term contract on
provision of oil products transshipment services through AB Klaipedos nafta
terminal (hereinafter – the Contract). 

The terms of the Contract are valid until 31 October 2019 with an option to
extend them based on mutual agreement. During this period BNK (UK) undertakes
to transship heavy fuel oil produced in Belarusian oil refineries OAO
“Mozyrskij NPZ” and ОАО “Naftan” through the Company’s terminal. 

The conclusion of the Contract is approved by the Board of the Company as
defined in the Articles of Association of AB Klaipedos nafta. 


         Marius Pulkauninkas, Director of Finance and Administration
Department, +370 46 391 763.