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KN Energies AB

M&A Activity • Sep 13, 2011

2252_iss_2011-09-13_b16b4d92-ceb8-4e62-9efb-afce6472fa78.html

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Klaipedos Nafta AB - Notification on material event

Public company Klaipėdos nafta has signed the new agreement for 2.5 mln tonnes of oil products reloading

Public company Klaipėdos nafta, AB has signed a fuel oil transhipment services agreement with the secondary company of Belorussian Oil Company “Transchema”, UAB for transhipment of the heavy fuel produced by Belorussian oil refineries for 2011 - 2012. Parties agreed on fuel oil transhipment volumes for one year period. According to this contract “Klaipedos nafta”, AB will tranship approx. 2.5 mln tonnes of Belorussian origin heavy fuel oil. This contract to the large extent finalises transhipment portfolio of Klaipėdos nafta, AB for 2012. Finance director Mantas Bartuška, 8 46 391763