1 Klaipėda LNG Terminal Serving the Regional Gas Market Photo – A. Kubaitis.

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1 Klaipėda LNG Terminal Serving the Regional Gas Market Photo – A. Kubaitis

2 Energy Security for the Whole Region Third party access will spur competition The terminal will help to diversify energy sources Ensures security of energy supply for the Baltic countries Import prices will reflect the global market price level The LNG terminal in Klaipėda is the first gas infrastructure object to be completed in order to increase the energy security in Lithuania, other Baltic States and Finland. According to the stress tests, performed by the European Commission in the fall of 2014, the Klaipėda LNG Terminal significantly increases the energy security in Lithuania. Other countries are also encouraged to use the capacities of the terminal in order to diversify energy sources. The European Commission has released an EU energy security strategy on 28 May The objective of the new energy strategy is to increase the energy security of Europe’s energy supply. Energy security can be implemented via following measures: completing the internal energy market with common legislative framework including third party access to the infrastructure; strengthening emergency and solidarity mechanisms and protecting critical infrastructure. Photo K.Fedirka (FotoSkrydis)

3 Impact On the Regional Gas Market Markets accessible starting the 1 st of January, 2015 LNG regasification markets LNG ship reloading markets LNG auto-trailer reloading markets Baltic-connector GIPL Markets accessible after regional interconnections are finished Markets accessible after on-shore LNG reloading station is finished (expected by the end of 2016) Energy security for the Baltics states and for Finland/Poland after the interconnections are completed Opportunity for market players to import gas from the global market Gas storage in Inčukalns creates an opportunity to capitalize on season LNG price fluctuations Availability to bring in spot cargoes and break-bulk into smaller batches 1 234

Continued regulated minimum send-out – ensuring that the Terminal is constantly cooled-down and ready for service. Terminal capacities are available on the regulated Third Party Access via open capacity allocation procedure. 4 New Services in the Region LNG ship reloading Seasonal capacities Spot capacities Tariff – 1,14 EUR/MWh LNG regasification Foundation capacities Seasonal capacities Spot capacities Tariff – 0 EUR/MWh (costs channeled via gas transmission tariff) Services Starting from the 1 st of January, 2015Planning to start by the end of 2016 On-shore LNG reloading station will constitute to break-bulking large LNG cargoes. LNG bunkering, LNG auto-trailer and LNG container reloading. LNG reloading station Possibilities for other traders Trader Theoretical capacities of ~4bcm/annum LNG on-shore reloading Brief description of services Business model First trader in the terminal Reserved capacities starting from the 1 st of January, 2015 Signed LNG supply contract with Statoil (0,54bcm/annum) Pricing – price indexed at NBP

5 Main drivers for on-shore LNG usage: lower emissions (COx, NOx, SOx) lower operating and maintenance costs safe storage and transportation. 500 km Planned LNG terminal/reloading station Potential demand Current demand Liquefaction plant Local regasification LNG fuel Heavy trucks and public transportation Remote users Vulnerable users L-CNG fueling stations Marine fuel On-shore LNG Reloading Station To Karlshamn To Kiel

6 Contacts: Tel SC Klaipėdos nafta Burių st. 19, P.D. Box 81 Klaipėda, LT92276 Tel Fax Baltijos ave. 40 Klaipėda, LT92276 Gedimino ave. 33/17-2 Vilnius, LT01104