ORLEN Lietuva and the state-owned Klaipėdos Nafta have signed a new agreement for transshipment of petroleum products. The new contract is based on optimal assessment of mutual needs and will be effective until the end of 2024.

"I believe that this long-awaited agreement will ensure successful and long-term business operations for ORLEN Lietuva and our partner Klaipedos Nafta", - said Ireneusz Fąfara, General Director of ORLEN Lietuva.

Rokas Masiulis, General Director of Klaipėdos Nafta, noted that the current amendments of the 2002 agreement removed the excessive commitments and ensured the favorable transshipment conditions for both companies. “We had a constructive dialogue with ORLEN Lietuva and recognized needs and expectations of both sides which led to the mutually beneficial agreement. This agreement secures a reliable business partner for Klaipedos Nafta for 13 years”, - said R. Masiulis. 
 
ORLEN Lietuva has been shipping its products via Klaipėdos Nafta since 2000. During ten months of this year ORLEN Lietuva has handled 3.3 million tons of its products via Klaipedos Nafta. In 2010, ORLEN Lietuva transshipped 3.2 million tons of light petroleum products and 1.5 million tons of dark petroleum products via Klaipėdos Nafta terminal.