Related-Party Transactions
Pursuant to Article 372 of the Law on Companies of the Republic of Lithuania, we provide information on transactions concluded by AB Klaipėdos Nafta with related parties:
- Regarding the transaction on transfer of regulated activities of liquefied natural gas terminal into the subsidiary UAB SGD terminalas (June 27th, 2019).
- Regarding the approval of the Supervisory Board and the planned transactions with the related party KN Açu Serviços de Terminal de GNL Ltda (February 4th, 2020).
- Regarding transaction with related party Klaipėda ID (November 18th, 2020)
Related parties of the Company and transactions with them for the six months period of 2024, in thousand EUR
Transactions with Lithuanian State controlled enterprises and institutions and other related parties.
| Related party | Period | Purchases | Sales | Accounts receivable | Accounts payable |
|---|---|---|---|---|---|
| AB Klaipeda State Seaport Authority | 2024 six months | 1 147 | - | - | 305 |
| AB Amber Grid | 2024 six months | - | - | 3 975 | - |
| UAB Ignitis | 2024 six months | - | 4 387 | 931 | - |
| Public Institution Lithuanian Energy Agency | 2024 six months | - | 2 020 | 416 | - |
| AB Energijos skirstymo operatorius | 2024 six months | 160 | - | - | 28 |
| AB LG Cargo | 2024 six months | 595 | - | - | -17 |
| KN ACU Servicos de Terminal de GNL Ltda | 2024 six months | - | 41 | 3 | - |
| Other related parties | 2024 six months | 24 | - | - | 5 |
| Related party transactions, total: | 2024 six months | 1 926 | 6 448 | 5 325 | 321 |
Related parties of the Company and transactions with them for 2023, in thousand EUR
Transactions with Lithuanian State controlled enterprises and institutions and other related parties.
| Related party | Period | Purchases | Sales | Accounts receivable | Accounts payable |
|---|---|---|---|---|---|
| AB Klaipeda State Seaport Authority | 2023 twelve months | 2 544 | - | - | 460 |
| AB Amber Grid | 2023 twelve months | - | -789 | 3 975 | - |
| UAB Ignitis | 2023 twelve months | - | 11 039 | 998 | - |
| Public Institution Lithuanian Energy Agency | 2023 twelve months | - | 3 359 | - | - |
| AB Energijos skirstymo operatorius | 2023 twelve months | 675 | - | - | 19 |
| AB LG Cargo | 2023 twelve months | 1 307 | - | - | 79 |
| KN ACU Servicos de Terminal de GNL Ltda | 2023 twelve months | 6 | 325 | 18 | - |
| Other related parties | 2023 twelve months | 96 | 1 | 0 | 7 |
| Related party transactions, total: | 2023 twelve months | 4 628 | 13 935 | 4 991 | 565 |