OREANDA-NEWS. April 13, 2015. We hereby announce that othe National Commission for Energy and Control of Prices (hereinafter – the Commission) decided to issue a transmission system operator’s license of indeterminate duration for Amber Grid, AB, with a condition that the Ministry of Energy of the Republic of Lithuania within the period, which would be no longer than 12 months from the date of coming into effect of the present decision by the Commission, shall perform actions in order that the shares of LITGAS, UAB, currently held by Klaipedos nafta, AB, are transferred to a business entity, which is not directly or indirectly controlled by the Ministry of Energy of the Republic of Lithuania, as indicated in the Opinion of the European Commission.

Klaipedos nafta, AB, currently owns and holds in total 1/3 of shares of LITGAS, UAB.