Klaipedos Nafta: AB Klaipedos Nafta preliminary activity and revenue results for the January 2018

In January 2018 AB Klaipedos nafta (hereinafter - the Company) has reloaded 776
thousand tons of petroleum products in Klaipeda and Subacius oil terminals
(increase by 24.2 percent compared to January 2017, when 625 thousand tons were
reloaded). 

In January 2018 the Company's Liquefied Natural Gas (LNG) terminal has
re-gasified and supplied to the natural gas transmission system 253 thousand
MWh of natural gas, while in January 2017 - 785 thousand MWh. The volume
decreased due to lower capacities ordered by the terminal users and the fact
that in January 2018 there were no LNG reloading activities (while in January
2017 166 thousand MWh of LNG were reloaded). 

The preliminary sales revenue of the Company's oil terminals' for January 2018
amount to EUR 4.2 million and are higher by 50.0 percent compared to the same
period of 2017 (EUR 2.8 million). 

The preliminary sales revenue of the Company's LNG Terminal for January 2018
amount to EUR 5.3 million (January 2017 - EUR 7.8 million). Revenue consists of
the one twelfth of the re-gasification tariff for booked annual capacities
approved by the National Control Commission for Energy Control and Prices for
2018 and the re-gasification tariff for amount of regasified LNG. Revenue for
January 2017 was higher by EUR 2.2 million due to adjustment of actual booked
gas capacities for 2016. Adjustment for actual gas capacities for 2017 are not
calculated and has not been recorded yet. 

Total preliminary sales revenue of the Company in January 2018 amount to EUR
9.5 million (January 2017 was EUR 10.6 million). 

Petroleum products transhipment and LNG re-gasification and reloading, January:

                                                                      
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                                                 2018  2017  Change, %
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Petroleum products reloaded, thousand tons        776   625    24.2%  
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LNG re-gasification and reloading, thousand MWh   253   785   -67.8%  
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Preliminary revenue of the Company, EUR million, January:

                                              
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                         2018  2017  Change, %
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Oil terminals' activity   4.2   2.8    50.0%  
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LNG terminal activity     5.3   7.8   -32.1%  
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Total:                    9.5  10.6   -10.4%  
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         Mindaugas Jurkaitis, acting head of Economics Units, [phone]