Regarding conclusion of LNG terminal user’s contract

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| Source: Klaipedos Nafta
multilang-release

On 1st of August 2014 AB Klaipėdos Nafta (hereinafter, the Company) concluded liquefied natural gas (hereinafter, LNG) terminal user’s contract with JSC LITGAS (hereinafter, the Terminal User) and therefore has completed LNG terminal capacities allocation procedure, announced on 30th of April 2014. The Company entitled the Terminal User to use 401 637 600 nm3 of foundation regasification capacities for the first transitional gas year from 1st of January 2014 until 30th of September 2015.

Taking into account the intake capacities of the natural gas transmission system , the Company announces 0,76 billion nm3 of available LNG terminal capacities for the period from 1st of January 2015 until 30th of September 2015.

The Company informed about terminal capacities allocation procedure and the invitation for the potential users to submit their requests for LNG terminal capacities by publishing the notification of material event on 30th of April 2014. Capacity allocation procedure encompassed allocation of foundation regasification capacities, seasonal regasification capacities and seasonal reloading capacities.

The Company allocates foundation, seasonal and spot capacities according to the Regulations for Use of the Liquefied Natural Gas Terminal as announced in the notification of material event dated 18th of April 2014.

 

         Mantas Bartuška, Director of the Finance and Administration Department, 8 46 391 763