OREANDA-NEWS. Klaipedos Nafta AB (hereinafter, the “Company”) hereby informs that on 28 March 2013 the Company decided to complete the procurement of purchase of financial services, related to planned financing of the Company’s investment to the infrastructure of the liquefied natural gas terminal – a long term credit of EUR 73,000,000 and a guarantee of USD 50,000,000 or a long term credit of EUR 14,500,000 and a guarantee of USD 50,000,000 or a guarantee of USD 50,000,000 – without conclusion of a contract. The procurement was completed in accordance with the Item 4 of the part 4 of the Article 7 of the Law on Public Procurement as none of the tenderers has submitted final proposals within the specified term.

The Company announced about the procurement of aforementioned financial services (long term credit and execution guarantee) by notification on material event on 9 November 2012.

Taking into account the need of financing of infrastructure of the liquefied natural gas terminal, the Company will renew the procurement of the financial services (the long term credit and execution guarantee) in a short time.