KN Energies AB

Regulatory Filings • Jan 11, 2010

Disclosure 275060

Klaipedos Nafta AB - Notification on material event

INFORMATION ABOUT PREPARATION TO ACCEPT GASOLINES AND DIESEL OIL DELIVERED BY TANKERS AND DESIGNATED TO SUPPLY LITHUANIAN MARKET

SC KLAIPĖDOS NAFTA notifies about updating of the Facilities for Diesel oil and Gasolines E-95 and E-98 acceptance from the sea. The Terminal is technically prepared for reloading of oil products from rail tank cars into tankers and from tankers into rail tank cars by using storage capacities for the reloading procedure. We have possibilities to reload Diesel Oil and Gasolines into road tankers and rail tank cars and supply the Lithuanian market with the said fuels. The arrival of the first tanker with Gasoline E-95 is expected during the last ten days of January 2010. The nominal capacity of the updated Facilities, by transporting the fuels only by road tankers, is about 300 000 tones of fuels per year. SC KLAIPĖDOS NAFTA has invested about LTL 10 million of its own funds into reconstruction of the above mentioned facilities. I.Barauskaite-Gaiziuniene +370 46 391 626