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in full or in part, the amount of the financing to be obtained from commercial banks shall be respectively reduced or withdrawn.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
