Annex No. 2 - Gas Accounting Policy

REGULATIONS FOR USE OF LIQUEFIED NATURAL GAS TERMINAL DRAFT
SC Klaipedos Nafta, 2016
Annex No. 2
Natural Gas Accounting Policy of

SC Klaipedos Nafta at
The Liquefied Natural Gas Terminal
REGULATIONS FOR USE OF THE LIQUEFIED NATURAL GAS TERMINAL DRAFT
SC Klaipėdos Nafta, 2016
Table of Contents
1. General Provisions ................................................................................................................................................... 3

2. Definitions.................................................................................................................................................................. 3
3. Accounting of LNG Accepted from an LNG Carrier into the Terminal ................................................................ 3
4. Accounting of LNG Reloaded from the Terminal into an LNG Carrier ................................................................ 4
5. Accounting of LNG regasified at the Terminal ...................................................................................................... 4
6. Accounting of LNG Consumed for Technological Needs of the Terminal ......................................................... 5
7. Allowable Natural Gas Losses at the Terminal ...................................................................................................... 9
8. Accounting of Loanable Amount of LNG ............................................................................................................. 13
9. Natural Gas Accounting Balancing ....................................................................................................................... 13
10. Natural Gas Inventory ............................................................................................................................................. 14
11. Accounting of Natural Gas in Case of Accidents or Failures at the Terminal .................................................. 17
12. Tax Liabilities Related to the Terminal Operation ............................................................................................... 18
13. Final Provisions ...................................................................................................................................................... 18
ANNEX No. 1 ................................................................................................................................................................... 19
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1. General Provisions
1.1. Natural gas accounting policy (hereinafter, Accounting Policy) determines the principles of accounting natural
gas available at the liquefied natural gas terminal (hereinafter, Terminal).
1.2. The Accounting Policy was drafted in accordance with the Law of the Republic of Lithuania on Energy
(hereinafter, Energy Law), Law of the Republic of Lithuania on Natural Gas (hereinafter, Natural Gas Law),
Law of the Republic of Lithuania on the Liquefied Natural Gas Terminal (hereinafter, Liquefied Natural Gas
Terminal Law), Description of the Procedure for Natural Gas Accounting as approved by order No. 1-245 of the
Minister of Energy of the Republic of Lithuania on 27 December 2013 (hereinafter, Description of the
Accounting Procedure), and other legal acts.
1.3. The Accounting Policy is an integral part of the Regulations for Use of the Liquefied Natural Gas Terminal
approved by order No. BV-58 of the director general of SC Klaipedos Nafta on April 18, 2014 with its latest
amendments (hereinafter, Regulations).
1.4. The Accounting Policy was drafted and is applied in accordance with the principles of transparency and publicity,
non-discrimination of Terminal Users as well as clarity, objectivity, and rationality.
1.5. The Operator exercises the right of ownership towards the quantity of natural gas remaining in the Terminal
connecting pipeline necessary to maintain uninterruptable operation of the Terminal.
1.6. The quantity of natural gas inside the Terminal belonging to each Terminal User and the Operator is accounted
individually.
1.7. The quantity of natural gas is accounted in units of energy (kWh).
2. Definitions
2.1. Allowable Measurement Uncertainty Norm – the maximum allowable measurement uncertainty of natural gas
quantity loaded into the Terminal, reloaded from the Terminal, regasified, consumed for Terminal technological
needs and available at the Terminal.
2.2. Allowable Consumption Norm for Technological Needs – the maximum allowable LNG quantity consumed
for Terminal’s technological needs established under the legal acts of Republic of Lithuania.
2.3. Reporting period – a period for which natural gas inventory is carried out in the Terminal
2.4. The other Accounting Policy definitions are understood as they are determined in the Regulations.
3. Accounting of LNG Accepted from an LNG Carrier into the Terminal

3.1. In accordance with procedures and conditions set forth in the Annex No. 17 to the Regulations the Expert
prepares Quantity and Quality Report wherein the following information is specified:
3.1.1. General cargo information:
3.1.1.1. Name of the LNG Carrier.
3.1.1.2. LNG Carrier voyage.
3.1.1.3. Cargo loading terminal.
3.1.1.4. Terminal User exercising the right of ownership towards the Cargo.
3.1.2. Cargo quantity measurement data in the LNG Carrier’s tanks before and after unloading of the Cargo.
3.1.3. Volume of LNG (m3) in the LNG Carrier’s tanks before and after unloading of the Cargo.
3.1.4. Temperature of LNG in the LNG Carrier before unloading.
3.1.5. Density of LNG determined under the temperature specified in clause 3.1.4
3.1.6. LNG gross calorific value average and quality parameters.
3.1.7. The quantity of natural gas returned to the LNG Carrier during unloading and its calculation.
3.1.8. The quantity of natural gas consumed by the LNG Carrier during unloading and its calculation.
3.1.9. The quantity of natural gas consumed by the LNG Carrier during transportation and its calculation.
3.1.10. Quantity of LNG unloaded to the Terminal in units of energy (kWh), volume (m 3) and mass (kg).
3.2. Based on the Quantity and Quality Report prepared by the Expert, the Operator prepares freeform Cargo
acceptance certificate which is signed by the representatives of the Operator and Terminal User.
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3.3. Having stopped unloading of LNG and upon the Operator’s demand for an LNG Carrier to unmoor from the
Terminal before completion of LNG unloading in cases envisaged by the Regulations, the freeform Cargo
acceptance certificate is prepared only for the quantity of LNG that was actually loaded from the LNG Carrier into
the Terminal. After LNG Carrier re-mooring the remaining LNG quantity loaded from the LNG Carrier to the
Terminal is determined according to the procedures specified in clauses 3.1 - 3.2 of the Accounting Policy.
4. Accounting of LNG Reloaded from the Terminal into an LNG Carrier

4.1. In accordance with procedures and conditions set forth in the Annex No. 17 to the Regulations the Expert
prepares Quantity and Quality Report wherein mutatis mutandis is specified the information, listed in clause 3.1
of the Accounting Policy.
4.2. Based on the Quantity and Quality Report prepared by the Expert, the Operator prepares a freeform Cargo
release certificate which is signed by representatives of the Operator and Terminal User.
4.3. Having stopped reloading of LNG and upon the Operator’s demand for an LNG Carrier to unmoor from the
Terminal before completion of LNG Reload in cases envisaged by the Regulations, the freeform Cargo release
certificate is prepared only for the quantity of LNG that was actually reloaded from the Terminal into the LNG
Carrier. After LNG Carrier re-mooring the remaining quantity of LNG reloaded from the Terminal into the LNG
Carrier is determined according to the procedure specified in clauses 4.1 - 4.2 of the Accounting Policy.
5. Accounting of LNG regasified at the Terminal

5.1. Total quantity of LNG regasified at the Terminal per Gas Day is determined at entry point to transmission system
by measurement devices installed in the Gas Metering Station (GMS).
5.2. Terminal User shall provide the Operator with LNG Regasification nomination for the Gas Day for the purpose of
gas quantity assignment at Transmission System entry point (hereinafter, LNG Regasification Nomination) (in
accordance with form provided in Regulations Annex No. 13). For the purpose of intersystem cooperation with
Transmission System Operator, the quantity of natural gas injected into Transmission system and assigned to
the Terminal User on the specific day at the Transmission System entry point is equal to the quantity specified in
the Terminal User’s LNG Regasification Nomination for the same day.
5.3. Total actual quantity of LNG regasified per Gas Day is assigned to Terminal Users in proportion to the Actual
LNG Regasification Nomination submitted by them and is calculated according to the formula provided below. If
a Terminal User does not submit a LNG Regasification nomination, it is considered that quantity of LNG
nominated for regasification on Gas Day is equal to the quantity specified for the respective Gas Day in weekly
LNG regasification nomination. If a Terminal User does not submit a weekly LNG regasification nomination, it is
considered that the LNG quantity nominated for weekly LNG Regasification is equal to the quantity specified for
the respective week in the Monthly Schedule.
Total actual natural gas quantity regasified per Gas Day shall be assigned to Terminal Users according to the
following formula:
P
Ui
DPi = DP × (1)
∑ni UP
i
Where:
DPi – Quantity of natural gas regasified at the Terminal per Gas Day to a respective Terminal User (kWh);
DP – Total quantity of natural gas regasified at the Terminal per Gas Day (kWh);
UPi – Regasification Capacity of the Terminal nominated by a respective Terminal User (kWh);
i  [1; n];
n – Number of Terminal Users.
5.4. Calculation of natural gas quantity in different measurement units:
5.4.1. LNG quantity in units of energy (kWh) is calculated according to the following formula:
E = VSGD × d × Hm (2)
Where:
E – LNG quantity expressed in energy value (kWh);
4
VSGD – LNG quantity expressed in units of volume (m3) at measurement temperature.

d – Average density of LNG (kg/m 3) at average volume measurement temperature.
Hm – Average gross heating value of LNG (kWh/kg).
5.4.2. Regasified natural gas quantity in units of energy (kWh) is calculated according to the following
formula:
E = VGD × Hm (3)
Where:
E – Natural gas quantity expressed in energy value (kWh);
VGD – Natural gas quantity expressed in units of volume (nm 3);
Hm – Average gross heating value of LNG (kWh/nm 3).
5.4.3. LNG quantity expressed in units of mass (kg) is calculated according to the following formula:
M = VSGD × d (4)
Where:
M – LNG quantity expressed in units of mass (kg);
VSGD – LNG quantity expressed in units of volume (m 3) at measurement temperature;
d – Average density of LNG (kg/m 3) at average volume measurement temperature.
5.4.4. Natural gas quantity expressed in units of mass (kg) is calculated according to the following formula:
M = VGD × d (5)
Where:
M – Natural gas quantity expressed in units of mass (kg);
VGD – Natural gas quantity expressed in units of volume (nm 3);
d – Average density of LNG (kg/nm 3).
5.5. According to clause 5.3 of the Accounting Policy, upon expiry of a Gas Day the Operator calculates the quantity
of LNG regasified per Gas Day due to each Terminal User.
5.6. During inspection of measurement equipment installed in the GMS or when GMS malfunction is identified, the
quantity of LNG regasified over this period in the Terminal is determined based on the data obtained from
measurement devices installed aboard the FSRU behind the regasification unit taking into account variation of
natural gas quantity lying inside of the Terminal connecting pipeline.
6. Accounting of LNG Consumed for Technological Needs of the Terminal

6.1. Every day the Operator calculates the quantity of LNG consumed for technological needs of the Terminal per
Gas Day based on the following formula:
P
G = K0 - K1 + PP - DP - TP (6)
Where:
P
G – Quantity of LNG consumed per Gas Day for technological needs of the Terminal (kWh);
K0 – Quantity of LNG in the Terminal at the beginning of the Gas Day (kWh);
K1 – Quantity of LNG in the Terminal at the end of the Gas Day (kWh);
PP – Quantity of LNG accepted into the Terminal per Gas Day (kWh);
DP – Quantity of natural gas regasified per Gas Day in the Terminal (kWh);
TP – Quantity of LNG reloaded from the Terminal into LNG Carriers per Gas Day (kWh).
6.2. For the purposes of allocation of LNG quantity consumed for the Terminal technological needs and Allowable
Loss Norm, every working day the Operator determines the quantity of virtually stored LNG belonging to each
Terminal User at the beginning of every Gas Day based on the following formula and principles:
6.2.1. The quantity of virtually stored LNG belonging to each Terminal User at the beginning of every Gas
Day is calculated in accordance with the following formula:
5
0-1 P-1 P-1 P-1

- Gi + PPi +dP0𝑃 +dP𝑓0
0
Si = Si - Di - Ti (7)
Where:
0
Si – The quantity of virtually stored LNG belonging to the respective Terminal User at the beginning of
the Gas Day (kWh).
0-1
Si – The quantity of virtually stored LNG belonging to the respective Terminal User at the beginning
of the previous Gas Day (kWh).
P-1
Di – LNG quantity regasified per previous Gas Day to respective Terminal User (kWh).
P-1
Ti – LNG quantity reloaded per previous Gas Day to the respective Terminal User (kWh).
P-1
Gi – LNG quantity consumed for Terminal technological needs due to a respective Terminal User per
previous Gas Day (kWh).
PPi – LNG quantity accepted to the Terminal due to respective Terminal User or planned to be
accepted to the Terminal (kWh)provided in the Terminal User’s Schedule approved by the Terminal
Operator, depending on which was approved by the Terminal Operator later:
a) If the Terminal user begins to use Terminal services not earlier than the respective Terminal user’s
LNG quantity is accepted to the Terminal or if the Terminal user is already using Terminal services
and the respective Terminal user’s remaining quantity of the virtually stored LNG is sufficient for
service use (including the LNG quantity consumed for Terminal technological needs due to the
respective Terminal User), then the respective Terminal user’s LNG quantity accepted to the
Terminal for the purpose of calculating the virtually stored LNG quantity is considered to be
accepted on the final Gas Day of Unloading.
b) If the Terminal user begins to use Terminal services earlier than the respective Terminal user’s
LNG quantity is accepted to the Terminal or if the Terminal user is already using Terminal services
and the respective Terminal user’s remaining quantity of the virtually stored LNG is insufficient for
service use (including the LNG quantity consumed for Terminal technological needs due to the
respective Terminal User), then for the purpose of calculating the virtually stored LNG quantity, the
next up LNG quantity planned to be accepted in the approved Terminal user’s Schedule is
relocated to the Gas Day on which the remaining virtually stored LNG quantity is insufficient for
service use.
dPP0 – On the Gas Day, when the adjusted LNG quantity planned to be accepted to the Terminal to the
respective Terminal user is approved by the Terminal Operator, the difference between the adjusted
LNG quantity planned to be accepted to the Terminal to the respective Terminal user and the
respective LNG quantity previously planned to be accepted to the Terminal to the respective Terminal
P
user, given the situation defined in point B of the PPi description;
dPf0 – On the Gas Day, when the LNG quantity accepted to the Terminal to the respective Terminal
user is approved by the Terminal Operator, the difference between the actual LNG quantity accepted
to the Terminal to the respective Terminal user and the last planned respective LNG quantity of the
respective Terminal user used for the purpose of calculating the virtually stored LNG quantity, given
P
the situation defined in point B of the PPi description.
i  [1; n];
6.3. The quantity of LNG consumed for technological needs of the Terminal per Gas Day is assigned to Terminal
Users according to the following procedure:
Condition of LNG
quantity consumed
Case
for technological Assignment of the Actual LNG quantity
(Accounting LNG LNG Load/ LNG
needs of the consumed for technological needs of the
Policy Regasification Reload*
Terminal to be Terminal to Terminal Users
clause)
assigned to
Terminal Users
GP × S0i
6.3.1. On Off - GPi =
∑ni S0i
6
Error!
P
GP × S0i
Reference P P Gi =
source not G ≤ LS ∑ni S0i
found..
On On 0 P P
Error!
P
P
LS × Si (G - LS ) × (TPi + PPi )
Reference P P G i = +
source not G > LS ∑ni S0i ∑ni (TPi + PPi )
found..
Error!
P
GP × S0i
Reference G i =
source not
Off Off - ∑ni S0i
found..
Error! GP × S0i
Reference P P GPi =
source not G ≤ LS ∑ni S0i
found..
Off On 0 P P
Error!
P
P
LS ×Si (G - LS ) ×( TPi + PPi )
Reference P P G i = +
source not G > LS ∑ni S0i ∑ni (TPi + PPi )
found..
*Allowable Consumption Norm for technological needs is not applied for LNG Load/ LNG Reload. When performing LNG
Load/ LNG Reload on the respective Gas Day, the part of LNG quantity consumed for technological needs of the Terminal on
the same Gas day, which exceeds Allowable Consumption Norm for Technological Needs, is assigned to losses of Terminal
Users which perform LNG Load/ LNG Reload.
6.3.1. When performing the LNG Regasification without LNG Load/ LNG Reload, LNG quantity consumed for
Terminal technological needs per Gas Day is assigned to Terminal Users in proportion to the virtually
stored LNG quantity according to the following formula:
GP × S 0
GiP = ∑n 0
i
(8)
i Si
Where:
P
Gas Day (kWh);
P
G – LNG quantity consumed for Terminal technological needs per Gas Day (kWh), calculated in
accordance to the clause 6.1 of the Accounting Policy;
o
Si – LNG quantity virtually stored at the beginning of Gas Day of the respective Terminal User (kWh);
i  [1; n];
6.3.2. When performing the LNG Regasification with LNG Load/ LNG Reload and the LNG quantity
consumed for Terminal technological needs per Gas Day does not exceed the Allowable consumption
norm for technological needs, calculated according to clause 7.3 of the Accounting Policy, LNG
quantity consumed for Terminal technological needs per Gas Day is assigned to Terminal Users
according to clause 6.3.1.
6.3.3. When performing the LNG Regasification with LNG Load/ LNG Reload and the LNG quantity
consumed for Terminal technological needs per Gas Day exceeds the Allowable consumption norm for
technological needs, calculated according to clause 7.3 of the Accounting Policy, LNG quantity
consumed for Terminal technological needs per Gas Day is assigned to Terminal Users according to
the following formula:
P 0 P P P P
P LSi × Si (G - LS ) × (Ti + Pi )
Gi = + (9)
∑ni=1 S0
i ∑ni=1 (TP P
i + Pi )
Where:
P
Gas Day (kWh);
P
G – LNG quantity consumed for Terminal technological needs per Gas Day (kWh), calculated in
accordance to the clause 6.1 of the Accounting Policy;
7
P
LS – Allowable Consumption Norm for Technological Needs (kWh) per respective Gas Day,
calculated according to the clause 7.3 of the Accounting Policy;
P
LSi – Allowable Consumption Norm for Technological Needs (kWh) per respective Gas Day due to a
respective Terminal User, calculated according to the clause 7.3 of the Accounting Policy;
0
Si – LNG quantity virtually stored at the beginning of Gas Day of the respective Terminal User (kWh);
TPi – LNG quantity reloaded from the Terminal into LNG Carriers due to the respective Terminal User
per Gas Day (kWh);
PPi – LNG quantity loaded into the Terminal per Gas Day due to the respective Terminal User (kWh);
i  [1; n];
6.3.4. When LNG Regasification and LNG Load/ LNG Reload are not being performed, LNG quantity
clause 6.3.1.
6.3.5. When performing LNG Load/ LNG Reload without LNG Regasification and the LNG quantity consumed
for Terminal technological needs per Gas Day does not exceed the Allowable consumption norm for
clause 6.3.1.
6.3.6. When performing LNG Load/ LNG Reload without LNG Regasification and the LNG quantity consumed
for Terminal technological needs per Gas Day exceeds the Allowable consumption norm for
clause 6.3.3.
6.4. In cases where the LNG regasification and/ or reloading process is not being performed at the Terminal
because of Terminal Users’ fault, the LNG quantity consumed for Terminal technological needs per Gas Day is
assigned to the Terminal Users responsible for disrupting the regasification and/ or reloading process in
proportion to LNG quantity nominated by them and is calculated according to the following formula:
P P P
P GLS × (Ui + Vi )
Gi = P (10)
∑ki (UP
i + Vi )
Where:
P
Gi – LNG quantity consumed for the Terminal technological needs per Gas Day due to a respective Terminal
User at fault for disrupted regasification and/ or reloading process in the Terminal (kWh);
P
GLS – LNG quantity consumed for the Terminal technological needs (kWh);
UPi – LNG quantity nominated for LNG regasification by the respective Terminal User at fault for disrupted
LNG regasification process in the Terminal (kWh);
VPi – LNG quantity nominated for LNG reloading by the respective Terminal User at fault for disrupted LNG
reloading process in the Terminal (kWh);
i  [1; k];
k – Number of Terminal Users at fault for disrupted LNG Regasification and/ or reloading process in the
Terminal.
6.5. In the cases when LNG Load/ LNG Reload operation continues for more than 1 (one) Gas Day, LNG quantity
consumed for the Terminal technological needs is accounted as follows: LNG quantity in the Terminal is
measured prior to and after LNG Load/ LNG Reload operations and LNG quantity consumed for the Terminal
technological needs is calculated for the whole LNG Load/ LNG Reload period. The accounting of LNG quantity
consumed for the Terminal technological needs after the end of LNG Load/ LNG Reload operation is being
performed according to the normal procedure until the end of the running Gas Day. LNG quantity consumed for
the Terminal technological needs during the LNG Load/ LNG Reload operations is proportionally assigned to the
respective Gas Days, during which LNG Load/ LNG Reload operation was taking place and allocated to
Terminal Users according to clause 6.3 of Accounting Policy.
6.6. The LNG quantity consumed for Terminal technological needs per Gas Day due to a respective Terminal User,
calculated according to clauses 6.3 or 6.4 of the Accounting Policy, shall be subtracted from the quantity of LNG
8
on the account. The LNG quantity consumed for Terminal technological needs due to a respective Terminal User
over the reporting month is indicated in the freeform natural gas accounting report for the reporting month as
specified in clause 9.4 of the Accounting Policy.
6.7. The LNG quantity consumed for Terminal technological needs shall be compensated by the Operator when
Terminal Service provision is terminated due to:
6.7.1. Annual Maintenance works.
6.7.2. Unscheduled Maintenance works, total duration of which does not exceed 7 (seven) days, performed
in April and/ or September and unplanned Maintenance works (unless the necessity for the mentioned
Maintenance works appeared due to the Terminal User’s fault or in case of Force Majeure).
6.8. The Operator shall compensate to the Terminal Users LNG quantity consumed for Terminal technological needs
cumulated in cases specified in clause 6.7 of the Accounting Policy, calculated by mutatis mutandis applying
clause 6.3.4of the Accounting Policy and assigned to Terminal Users, according to the following formula:
R
Ci = G i × W (11)
Where:
Ci – Amount to be compensated to a respective Terminal User (local currency);
R
Gi – LNG quantity consumed for Terminal technological needs due to respective Terminal User (kWh),
cumulated in cases specified in clause 6.7 of the Accounting Policy;
W – Average price for natural gas imported into Lithuania over the last quarter as published on the internet
website of the National Commission for Energy Control and Prices (VKEKK) per kWh. After VKEKK will start
collecting data and publishing average price for LNG imported into Lithuania over the quarter, then the latter
shall be applied in the formula;
i  [1; n];
n – number of Terminal Users.
7. Allowable Natural Gas Losses at the Terminal
7.1. Allowable Loss Norm
7.1.1. Allowable Loss Norm in the Terminal is calculated according to the following formula:
L P
LG = ∑Li (LS + ∆P ) (12)
Where:
L
LG – Allowable Loss Norm for a reporting period (kWh);
P
LS – Allowable Consumption Norm for Technological Needs (kWh) per respective Gas Day,
calculated according to the clause 7.3 of the Accounting Policy;
∆P – Allowable Measurement Uncertainty Norm (kWh) per respective Gas Day, calculated according to
the clause 7.2 of the Accounting Policy;
i  [1; L];
L – Total number of Gas Days in the reporting period.
7.1.2. Allowable Loss Norm for a specific Terminal User is calculated according to the following formula:
LGiL = ∑Li (LSiP + ∆Pi ) (13)
Where:
LGiL – Allowable Loss Norm for a reporting period of a respective Terminal User (kWh);
LSiP – Allowable Consumption Norm for Technological Needs for a respective Terminal User (kWh) per
respective Gas Day;
∆Pi – Allowable Measurement Uncertainty Norm (kWh) of a respective Terminal User per respective
Gas Day, calculated according to the clause 7.2.1.3 of the Accounting Policy;
i  [1; L];
7.2. Allowable Measurement Uncertainty Norm
9
7.2.1. Measurement uncertainties occur while measuring the quantity of natural gas loaded into the Terminal,
reloaded into LNG Carrier, regasified, consumed for Terminal technological needs, and available in the
Terminal. The Allowable Measurement Uncertainty Norm for the reporting period is calculated as
follows:
7.2.1.1. Allowable Measurement Uncertainty Norm for the Gas Day, expressed in units of energy
(kWh), is calculated in accordance with the following formula:
P
∆P = φ × (DP +G +TP) (14)
Where:
∆P – Allowable Measurement Uncertainty Norm for the Gas Day (kWh);
φ – Maximum measurement uncertainty for LNG quantity at the Terminal (1.65% expressed
in energy units (kWh));
DP – Quantity of natural gas regasified at the Terminal during the Gas Day (kWh);
P
G – LNG quantity consumed for Terminal technological needs per Gas Day (kWh),
calculated according to the clause 6.1 of Accounting Policy;
TP – LNG quantity reloaded from the Terminal into LNG Carriers per Gas Day (kWh).
7.2.1.2. When calculating Allowable Measurement Uncertainty Norm in other units, the formula
indicated in clause 7.2.1 of the Accounting Policy shall be applied where maximum
measurement uncertainty for LNG quantity at the Terminal in units of volume (m 3) shall be
0.9461%, in units of mass (kg) – 1.54%. Quantity of natural gas regasified at the Terminal
during the reporting period as well as LNG quantity consumed for Terminal technological
needs in units of volume (m 3) and in units of mass (kg) are calculated according to the
formulas indicated in clause 5.4 of the Accounting Policy.
7.2.1.3. Allowable Measurement Uncertainty Norm is assigned to Terminal Users in accordance with
the following formula:
P
∆Pi = φ × ( Di + GPi + TPi )) (15)
Where:
∆Pi – Allowable Measurement Uncertainty Norm (kWh) of a respective Terminal User per
respective Gas Day, calculated according to the clause 7.2.1.3 of the Accounting Policy;
Φ – Maximum measurement uncertainty for LNG quantity at the Terminal (1.65% expressed
in energy units (kWh));
DPi – Quantity of natural gas regasified due to a respective Terminal User at the Terminal
during the reporting period (kWh);
TPi – Quantity of natural gas reloaded from the Terminal due to a respective Terminal User
during the reporting period (kWh);
P
Gi – LNG quantity consumed for Terminal technological needs due to a respective Terminal
User per Gas Day (kWh);
i  [1; n];
n – Number of Terminal Users;
7.3. Allowable Consumption Norm for Technological Needs
7.3.1. Allowable Consumption Norms for technological needs are provided in the table below:
Average regasification mode of Gas Allowable Consumption Norm for Technological Needs
Day
quantity, kWh of LNG/day quantity, m3 of LNG/day
Open loop system
No LNG regasification 1,486,024 204.1
107,100 nm3/hour 235,900 32.4
214,199 nm3/hour 362,587 49.8
10
428,398 nm3/hour 472,528 64.9

Closed loop system
No LNG regasification 1,486,024 204.1
107,100 nm3/hour 713,524 98.0
214,199 nm3/hour 1,428,505 196.2
428,398 nm3/hour 2,610,917 358.6
7.3.2. Allowable Consumption Norm for Technological Needs expressed in energy units (clause 7.3.1 of the
Accounting Policy) shall be converted to other measuring units in accordance with the following
conditions:
 Gross heating value 55,208 kJ/kg (1 kWh/kg = 3600 kJ/kg);
 LNG density 474.77 kg/m3;
 Gross heating value combustion/measurement temperature is 25C/0C.
7.3.3. LNG Regasification at the Terminal can be performed in two following ways:
 Closed loop system – the mode of Terminal operation during cold season. Closed loop system shall
be chosen by FSRU Operator, who is responsible for operating of FSRU, on the basis of
regasification mode set by the Operator, air and water temperatures, natural gas temperature at the
GMS as well as subject to boil-off gas (BOG) quantity and technological process of FSRU itself.
 Open loop system - the mode of Terminal operation during warm season. Open loop system shall
be chosen by FSRU Operator, who is responsible for operating of FSRU, on the basis of
regasification mode set by the Operator, air and water temperatures, natural gas temperature at the
GMS as well as subject to boil-off gas (BOG) quantity and technological process of FSRU itself.
7.3.4. If LNG Regasification mode differs from the one specified in the table in clause 7.3.1 of the Accounting
Policy, the Allowable Consumption Norm for Technological Needs of the Terminal is determined by
directly interpolating between two closest values provided in the table in clause 7.3.1 of the Accounting
Policy:
DR - DR0
LS = LS0 + (LS1 - LS0 ) × (16)
DR1 - DR0
Where:
LS – Allowable Consumption Norm for Technological Needs, under actual Gas Day LNG
Regasification mode DR (kWh/day);
DR – Actual Gas Day gasification mode between DR0 and DR1 LNG Regasification modes (nm3/h);
LS0 – Allowable Consumption Norm for Technological Needs under DR0 gasification mode (kWh/day);
LS1 – Allowable Consumption Norm for Technological Needs under DR1 gasification mode (kWh/day).
7.3.5. Allowable Consumption Norm for Technological Needs under a LNG Regasification mode below
115,000 nm3/hour or when LNG Regasification is not being performed, is equivalent to Allowable
Consumption Norm for Technological Needs when LNG Regasification is not being performed, except
for the case, when Allowable Consumption Norm for Technological Needs is exceeded during LNG
Reload, and exceeding quantity is attributed to the natural gas losses of Terminal Users, who carried
out LNG reloading.
7.3.6. Allowable Consumption Norm for Technological Needs for Gas Day is assigned to Terminal Users
based on the following formula:
The condition of
Case Allowable
LNG Load/ Assignment of Allowable Consumption
(Accounting Consumption Norm
Regasification LNG Norm for Technological Needs to
Policy for Technological
Reload Terminal Users
clause) Needs assigned to
Terminal Users
Error!
On Off
- LSP × Si0
Reference LSPi =
∑ni Si0
11
source not
found..
P P
7. G ≤ LS
P P Not exceeding part is being assigned in
G > LS
accordance with clause 7.3.6.1 of
Accounting Policy. Allowable
Error! Consumption Norm for Technological
On On
Reference Needs for the exceeding part is not
source not being applied, i.e. exceeding quantity is
found.. being accounted as natural gas loss of
Terminal User which performed LNG
Load/ LNG Reload in accordance with
clause 6.3.3 of the Accounting policy.
Error! - LSP × Si0
Reference LSPi =
source not
Off Off ∑ni Si0
found..
Error! P P
G ≤ LS
Reference
source not
found..
P P Not exceeding part is being assigned in
G > LS
accordance with clause 7.3.6.4 of
Accounting Policy. Allowable
Off On
Error! Consumption Norm for Technological
Reference Needs for the exceeding part is not
source not being applied, i.e. exceeding quantity is
found.. being accounted as natural gas loss of
Terminal User which performed LNG
Load/ LNG Reload in accordance with
clause 6.3.6 of the Accounting policy
7.3.6.1. When performing LNG Regasification without LNG Load/ LNG Reload, Allowable
Consumption Norm for Technological Needs for Gas Day is assigned to Terminal Users in
proportion to the quantity of virtually stored LNG of the respective Terminal Users at the
beginning of Gas Day according to the following formula:
P 0
P LS × Si
LSi = (17)
∑ni S0i
Where:
P
LSi – Allowable Consumption Norm for technological needs per Gas Day due to respective
Terminal User (kWh).
LSP – Allowable Consumption Norm for Technological Needs per Gas Day (kWh).
0
Si – The quantity of virtually stored LNG belonging to the respective Terminal User at the
beginning of the Gas Day (kWh).
i  [1; n].
7.3.6.2. When performing LNG Regasification together with LNG Load/ LNG Reload, if LNG
consumption for Terminal technological needs per Gas Day does not exceed Allowable
Consumption Norm for Technological Needs, calculated according to clause 7.3 of the
Accounting Policy, Allowable Consumption Norm for Technological Needs per Gas Day is
assigned to Terminal Users according to the procedure of clause 7.3.6.1 of Accounting
Policy.
7.3.6.3. When performing LNG Regasification together with LNG Load/ LNG Reload, if LNG
consumption for Terminal technological needs per Gas Day exceeds Allowable Consumption
Norm for Technological Needs, calculated according to clause 7.3 of the Accounting Policy,
not exceeding part is assigned to Terminal Users according to clause 7.3.6.1 of the
12
Accounting Policy and exceeding part is accounted as natural gas loss of Terminal User
which performed LNG Load/ LNG Reload during the same Gas Day according to the
procedure of clause 6.3.3 of Accounting Policy.
7.3.6.4. When LNG Regasification and LNG Load/ LNG Reload are not being performed at the
Terminal, Allowable Consumption Norm for Technological Needs per Gas Day is assigned to
Terminal Users according to clause 7.3.6.1 of the Accounting Policy.
7.3.6.5. When performing LNG Load/ LNG Reload without LNG Regasification, and LNG
consumption for Terminal technological needs does not exceed Allowable Consumption
Norm for Technological Needs per Gas Day, Allowable Consumption Norm for Technological
Needs per Gas Day is assigned to Terminal Users according to clause 7.3.6.1 of Accounting
Policy.
7.3.6.6. When performing LNG Load/ LNG Reload without LNG Regasification, and LNG
consumption for Terminal technological needs exceeds Allowable Consumption Norm for
Technological Needs per Gas Day, not exceeding part is assigned to Terminal Users
according to clause 7.3.6.1 of the Accounting Policy and exceeding part is accounted as
natural gas loss of Terminal User which performed LNG Reloading during the same Gas Day
according to clause 6.3.6 of Accounting Policy.
8. Accounting of Loanable Amount of LNG
8.1. Procedures of transfer of Loanable Amount of LNG, returning of Returnable Amount of LNG and their accounting
are regulated by section 4 of Inter-use Terminal Contract (Annex No. 1 to the Regulations). The scope of such
transactions is based on the physical cargo storage, i.e. actual quantity of LNG available at the Terminal as
calculated for each Terminal User according to the clause 9.1 of the Accounting Policy.
8.2. Cargo borrowing and/ or Cargo returning acts for the previous Gas Day shall be prepared no later than until 11
a.m. of next working day.
8.3. LNG quantity consumed for the Terminal technological needs attributable to regasified and/ or reloaded LNG
quantity, LNG shortage (surplus), determined during the inventory attributable to Loanable Amount of LNG and
not exceeding Allowable Loss Norm, LNG quantity consumed for the Terminal technological needs due to the
fault of the Terminal User and Allowable Loss Norm are assigned to the Terminal User, which borrowed LNG, in
accordance with the same terms and conditions set forth in the Accounting policy.
8.4. Loanable (Returnable) Amount of LNG shall include regasified and/ or reloaded LNG quantity attributable to
LNG Borrower, LNG quantity consumed for the Terminal technological needs attributable to regasified and/ or
reloaded LNG quantity, LNG shortage (surplus) determined during the inventory attributable to Loanable Amount
of LNG which not exceeds Allowable Loss Norm and LNG quantity consumed for the Terminal technological
needs due to the fault of the Terminal User.
9. Natural Gas Accounting Balancing
9.1. Every working day the Operator determines the actual quantity of LNG available at the Terminal at the end of
every Gas Day due to each Terminal User according to the following formula:
P
K1i = K0i + PPi - DPi - TPi - Gi - RPi + LPi (18)
Where:
K1i – LNG quantity due to a respective Terminal User at the end of a Gas Day (kWh);
K0i – LNG quantity due to the respective Terminal User at the beginning of the Gas Day (kWh), which shall
correspond to LNG quantity due to the respective Terminal User at the end of the previous Gas Day;
PPi – LNG quantity loaded into the Terminal per Gas Day due to the respective Terminal User (kWh);
DPi – LNG quantity regasified per Gas Day due to the respective Terminal User (kWh);
TPi – LNG quantity reloaded from the Terminal per Gas Day due to the respective Terminal User (kWh);
P
Gi – LNG quantity consumed for Terminal technological needs per Gas Day due to the respective Terminal
User (kWh);
RPi – Lent (Received) Amount of LNG of the respective Terminal User per Gas Day (kWh);
LPi – Borrowed (Returned) Amount of LNG of the respective Terminal User per Gas Day (kWh);
13
i  [1; n];
9.2. Quantity of natural gas to be nominated by the Terminal User in LNG regasification nomination shall be
accounted in the Terminal at the end of Gas Day taking into account the difference occurred between quantity of
LNG actually delivered to the Transmission System and quantity specified in LNG regasification nomination, in
accordance with the following formula:
KD 1
0 = Ki +TDi
Where:
KD0 – LNG quantity due to respective Terminal User at the end of Gas Day to be nominated in LNG regasification
nomination (kWh);
K1i – LNG quantity due to the respective Terminal User at the end of Gas Day (kWh);
TDi – Difference occurred between quantity of LNG actually delivered to the Transmission System and quantity
specified in LNG regasification nomination (delivered lower (-)/ delivered higher (+) quantity of LNG, between
quantity of LNG actually delivered to the Transmission System and quantity specified in LNG regasification
nomination);
i  [1; n];
9.3. For operational management purposes, each working day the Operator sends by e-mail the freeform report of
natural gas accounting indicating LNG quantity owned by respective Terminal User at the beginning and at the
end of Gas Day, LNG quantity which was accepted to the Terminal, reloaded from the Terminal, regasified,
Loanable and Returnable Amount of LNG, LNG quantity to be nominated in the daily LNG regasification
nomination, difference occurred between quantity of LNG actually delivered to the Transmission System and
quantity specified in LNG regasification nomination as well as quantity of LNG consumed for the Terminal
technological needs due to the respective Terminal User.
9.4. Upon expiry of reporting month, during the first 10 (ten) working days of the next month the Operator sends by e-
mail to the Terminal Users the freeform report of natural gas accounting for the reporting month indicating LNG
quantity owned by appropriate Terminal User over the reporting month, LNG quantity which was accepted to the
Terminal, reloaded from the Terminal, regasified, LNG quantity to be nominated in the LNG regasification
nomination at the beginning and at the end of Gas Day, difference occurred between quantity of LNG actually
delivered to the Transmission System and quantity specified in LNG regasification nomination, quantity of LNG
consumed for the Terminal technological needs due to the respective Terminal User as well as inventory results
attributed to the respective Terminal User, which must be signed by the Terminal User in 3 (three) working days
after the report date.
10. Natural Gas Inventory
10.1. The Operator carries out the inventory of natural gas stored in the Terminal at least once per year following the
procedure established by legal acts. If necessary, the Operator shall carry out extraordinary “cargo to cargo”
inventories and inventories after expiry of the Inter-use Terminal Contract. For accounting purposes the Operator
shall carry out monthly inventories of natural gas.
10.2. The Operator shall inform the Terminal Users about the planned inventory not later than in 10 (ten) calendar
days before the beginning of the inventory.
10.3. Representatives of the Terminal Users have a right to participate in the inventory. The Terminal Users shall
inform the Operator about their intention to participate in the inventory not later than in 5 (five) calendar days
before the beginning of the inventory.
10.4. An extraordinary inventory in the Terminal can be carried out after receipt of a reasonable request of the
Terminal User following the procedure provided below:
10.4.1. The Terminal Users understand that in order to ensure smooth and efficient operation of the Terminal
the Operator`s possibilities to carry out the inventory are limited.
10.4.2. The Terminal User, wishing to carry out an extraordinary inventory at the Terminal, shall provide the
Operator with a request for carrying out an extraordinary inventory (Annex No. 1 to the Accounting
Policy). In the request for carrying out an extraordinary inventory the Terminal User shall specify
14
objective reasons of such a request, desired date and time of the inventory. The Terminal User shall
provide the Operator with a request not later than in 20 (twenty) calendar days before the desired date
of the inventory, specified in the request.
10.4.3. After receipt of the request for carrying out an extraordinary inventory the Operator shall make a
decision on its satisfaction or declining within 5 (five) calendar days after the date of receipt of the
request.
10.4.4. After making a decision to satisfy the request the Operator shall inform the Terminal Users about the
planned extraordinary inventory, its date and time not later than on the following working day after the
date of adoption of the decision.
10.4.5. After making a decision to decline the request the Operator shall inform the Terminal User, specifying
the reasons of declining of the request to carry out an extraordinary inventory, not later than on the
following working day after the date of adoption of the decision.
10.5. For the inventory purposes the inventory period is considered as the period from the date of completion of the
latest inventory carried out in the Terminal to the date of current, annual or extraordinary inventory beginning.
10.6. The General Manager of the Operator appoints the date and time of the inventory by his order, establishes the
inventory commission and appoints a chairman of the inventory commission.
10.7. During the inventory the actual quantity of natural gas stored in the FSRU and Terminal connecting pipeline shall
be determined.
10.8. Detected LNG shortage (surplus) during the inventory is assigned to the Terminal Users in proportion to the
regasified and/or reloaded LNG quantity due to them during the inventory period according to the following
formula:
P
(DP
i +Ti )
Ni = N × P (19)
∑ni (DP
i +Ti )
Where:
Ni – LNG shortage (surplus) due to respective Terminal User (kWh).
N – Total LNG shortage (surplus), detected during inventory (kWh).
DPi – Quantity of natural gas regasified due to a respective Terminal User at the Terminal during the reporting
period (kWh);
TPi – Quantity of natural gas reloaded from the Terminal due to a respective Terminal User during the
reporting period (kWh);
i  [1; n].
10.9. When LNG regasification is not being performed at the Terminal, Detected LNG shortage (surplus) during the
inventory is assigned to the Terminal Users in proportion to the LNG quantity due to them at the beginning of
Gas Day according to the following formula:
K0
Ni = N × i
∑i K0
n (20)
i
Where:
Ni – LNG shortage (surplus) due to respective Terminal User (kWh);
N – Total LNG shortage (surplus), detected during inventory (kWh);
K 0i – LNG quantity due to the respective Terminal User at the beginning of Gas Day (kWh);
i  [1; n];
10.10. After inventory has been performed, LNG consumption for technological needs of the Terminal assigned to the
respective Terminal User (except LNG consumption for technological needs exceeding the Allowable
Consumption Norm for Technological Needs at the time of LNG Load and/ or Reload, which was assigned to the
Terminal User’s performing LNG Load and/ or Reload LNG loss for a respective Reporting Period) and during
inventory detected LNG shortage (surplus) due to the same Terminal User shall be compared to Allowable Loss
Norm due to this Terminal User for the reporting period. In case Allowable Loss Norm due to Terminal User is
exceeded, the Operator reimburses the exceeding amount to the respective Terminal User in accordance to the
following formulas:
15
10.10.1. When performing LNG regasification and/or LNG reload:

LSP ×(DPi +TPi ) LSP ×(DPi +TPi )
Ci = ((Ni + ∑Lj ) - LGLi ) × W , when (Ni + ∑Lj ) > LGLi (21)
∑ni (DPi +TPi ) ∑ni (DPi +TPi )
Where:
Ci – The amount to be reimbursed to a respective Terminal User (local currency);
Ni – LNG shortage detected during inventory and assigned to the respective Terminal User (kWh);
Ni=0, when the surplus detected.
P
LS – Allowable Consumption Norm for Technological Needs for the respective Gas Day, calculated in
accordance with clause 7.3 of the Accounting Policy.
DPi – Quantity of natural gas regasified due to a respective Terminal User at the Terminal during the
TPi – Quantity of natural gas reloaded from the Terminal due to a respective Terminal User during the
L
LGi – Allowable Uncertainty Norm due to the respective Terminal User for a reporting period (kWh);
W – Average price for kWh of natural gas import to Lithuania of the last quarter, published at VKEKK
website. After VKEKK will start collecting data and publishing average price for LNG imported into
Lithuania over the quarter, then the latter shall be applied in the formula;
i  [1; n];
j  [1; L];
10.10.2. When not performing LNG regasification and/ or reload:
LSP ×K0i LSP ×K0i

Ci = ((Ni + ∑Lj ∑n 0 )− LGiL ) × W, when (Ni + ∑Lj ∑n 0 ) > LGiL (22)
i Ki i Ki
Where:
Ci – The amount to be reimbursed to a respective Terminal User (local currency);
Ni – LNG shortage detected during inventory and assigned to the respective Terminal User (kWh).
Ni=0, when the surplus detected;
LSP – Allowable Consumption Norm for Technological Needs for the respective Gas Day, calculated in
accordance with clause 7.3 of the Accounting Policy;
K 0i – LNG quantity due to the respective Terminal User at the beginning of Gas Day (kWh);
LGLi – Allowable Uncertainty Norm due to the respective Terminal User for a reporting period (kWh);
W – Average price for kWh of natural gas import to Lithuania of the last quarter, published at NCC
website. After NCC will start collecting data and publishing average price for LNG imported into
Lithuania over the quarter, then the latter shall be applied in the formula;
i  [1; n];
j  [1; L];
10.11. After determination of a shortage, exceeding the Allowable Measurement Uncertainty Norm, the inventory
commission can initiate an investigation in order to provide an official explanation of the difference.
10.12. After carrying out the LNG inventory, the inventory commission shall prepare freeform inventory summary and
documents related to LNG quantity measurements, shortage (surplus) detection and assignment to the Terminal
Users. The inventory summary shall be signed by all members of the inventory commission who participated in
the inventory.
10.13. The corrections provided below shall be made in the natural gas accounting documents of the Operator on the
basis of the documents prepared and approved by the inventory commission:
10.13.1. LNG quantity in the accounting documents shall be reduced adequately to LNG shortage assigned to
the respective Terminal User (clauses 10.8, 10.9 and 10.9 of the Accounting Policy). For this quantity
16
the Operator shall prepare a freeform natural gas write-off act, which shall be signed by the Operator
and representatives of the Terminal User.
10.13.2. LNG quantity in the accounting documents shall be increased adequately to LNG surplus assigned to
the respective Terminal User (clauses 10.8, 10.9 and 10.9 of the Accounting Policy). For this quantity
the Operator shall prepare a freeform natural gas acceptance act, which shall be signed by the
Operator and representatives of the Terminal User.
10.13.3. Virtually stored LNG quantity belonging to the respective Terminal user shall be increased or reduced
due to the surplus or shortage identified during inventory.
11. Accounting of Natural Gas in Case of Accidents or Failures at the Terminal
11.1. Investigation of accidents or failures occurred at the Terminal shall be investigated according to the procedure
established by legal acts.
11.2. The Operator shall immediately, but not later than within 4 (four) hours after the accident or failure detection,
inform the State Energy Inspectorate under the Ministry of Energy of the Republic of Lithuania and Terminal
Users about the accident or failure occurred at the Terminal and publishes a notice on the Operator’s internet
site.
11.3. The Investigation Commission shall be established for the purpose of carrying out the investigation of accidents
or failures occurred at the Terminal, as provided in relative legal acts of the Republic of Lithuania.
11.4. The quantity of natural gas lost during the accident or failure and the quantity of LNG non-regasified and/ or non-
reloaded as the result of the accident or failure shall be calculated during the investigation of the accident or
failure.
11.5. After the accident or failure occurred in the Terminal has been investigated, the certificate of the form
established by legal acts shall be drawn up and signed by all members of the commission who participated in
the investigation.
11.6. The corrections provided below shall be made in the natural gas accounting documents of the Operator on the
basis of the accident or failure investigation certificate prepared and approved by the investigation commission:
11.6.1. The whole quantity of natural gas lost as the result of accident or failure shall be assigned to the
Terminal Users in proportion to their LNG quantity in the Terminal at the beginning of the Gas Day,
when the accident or failure occurred, and calculated according to the formula provided below:
K0i
Ai = A × ∑ni K0i
(23)
Where:
Ai – The quantity of natural gas lost during the accident or failure assigned to the respective Terminal
User (kWh).
A – Total quantity of natural gas lost during the accident or failure (kWh).
K 0i – LNG quantity due to the respective Terminal User at the beginning of Gas Day when the
accident or failure occured (kWh);
i  [1; n].
11.6.2. Natural gas quantity in the accounting documents shall be reduced adequately to the quantity of
natural gas lost during the accident or failure assigned to a respective Terminal User (clause 11.6.1. of
the Accounting Policy). For this quantity the Operator shall prepare a freeform natural gas write-off act,
which shall be signed by the Operator and representatives of the Terminal User.
11.6.3. If the investigation commission determines that the accident or failure occurred at the Terminal due to
the fault of the Operator, the Operator shall reimburse the quantity of natural gas owned by the
respective Terminal User and lost during the accident or failure according to the formula provided
below:
Ci = A i × W (24)
Where:
17
Ci – The amount to be reimbursed to the respective Terminal User (local currency).

Ai – The quantity of LNG lost during the accident or failure to be assigned to the respective Terminal
User (kWh) calculated according to clause 11.6.1 of the Accounting Policy.
W – Average price for kWh of natural gas import to Lithuania of the last quarter, published at VKEKK
website. After VKEKK will start collecting data and publishing average price for LNG imported into
Lithuania over the quarter, then the latter shall be applied in the formula.
i  [1; n].
11.7. LNG quantity non-regasified and/ or non-reloaded as the result of accident or failure shall be calculated as a
difference between actually regasified and/ or reloaded LNG quantity and LNG quantity requested to be
regasified and/ or loaded in accordance with the Monthly Schedule within the period from the accident or failure
to complete recovery of the Terminal operation:
S = ∑ni UAi - DA - TA (25)
Where:
S – LNG quantity non-regasified and/ or non-reloaded as the result of the accident or failure (kWh).
UAi – LNG quantity requested to be regasified and/ or reloaded within the period from the accident or failure to
complete recovery of the Terminal operation, considering the quantity of LNG to be regasified and/ or reloaded
according to the Monthly Schedule (kWh).
DA – LNG quantity regasified within the period from the accident or failure to complete recovery of the
Terminal operation (kWh).
TA – LNG quantity reloaded within the period from the accident or failure to complete recovery of the Terminal
operation (kWh).
i  [1; n].
11.8. Damage sustained due to non-regasification and/ or non-reloading of LNG quantity during the accident or failure
shall be reimbursed according to the procedures established by the Regulations and Terminal User’s Contract.
12. Tax Liabilities Related to the Terminal Operation
12.1. The Terminal Users are liable for proper fulfilment of tax liabilities applicable to their Cargoes, including but not
limited to customs, VAT, import VAT and/ or excises, as well as for fulfilment of customs and/ or excise
procedures according to the conditions and procedures established by legal acts.
12.2. In case of establishment of customs warehouse and/ or a warehouse for excise taxable goods the Operator shall
be responsible for proper fulfilment of liabilities, applicable to the owners of customs warehouses and/ or owners
of warehouses for excise taxable goods, according to the conditions and procedures established by legal acts.
13. Final Provisions
13.1. The Operator shall prepare, approve and publish the Accounting Policy. The provisions of the Accounting Policy
are not the subject to negotiations between the Operator and the Terminal Users.
13.2. Any provision of the Accounting Policy can be amended by unilateral decision of the Operator, following the
requirements established in the Regulations. The provisions amended by the decision of the Operator shall be
coordinated with VKEKK. The provisions of the Accounting Policy, amended and coordinated with VKEKK,
automatically become obligatory to the Operator and the Terminal Users. The Operator undertakes to inform the
Terminal Users about any amendments of the provisions of the Accounting Policy publicly and in writing not later
than in 1 (one) month before the date, when the amendments enter into force.
13.3. Amendments and supplements to the Accounting Policy shall be initiated after change of requirements of legal
acts regulating natural gas accounting, provisions of other related legal acts and/ or processes in-progress in the
Terminal, having influence to natural gas accounting.
18
ANNEX No. 1
to Natural Gas Accounting Policy of
SC Klaipedos Nafta at
the Liquefied Natural Gas Terminal
< TERMINAL USER LETTERHEAD>
Request for carrying out an extraordinary inventory
To: Stock Company Klaipedos Nafta established and operating according to the laws of the
Republic of Lithuania, legal entity identification number 110648893, registered office Buriu
str. 19, Klaipeda, Republic of Lithuania, data about the Company are collected and stored in
the Register of Legal Entities of State Enterprise Centre of Registers (hereinafter referred to
as the Operator)
From: [name of the Company], established and operating according to [jurisdiction] [legal form of
the Company], legal entity identification number [ID], registered office [legal address], data
about the Company are collected and stored in [name of the register] (hereinafter referred to
as the Terminal User), represented by [position] [name, surname], [acting] in accordance
with [legal representation basis]
Date/time:
Following the provisions of SC Klaipedos Nafta Natural Gas Accounting Policy in the Liquefied Natural Gas Terminal,
approved by order No. [number] of [date] of the General Manager of SC Klaipedos Nafta the undersigned Terminal User
applies to the Operator with a request to carry out an extraordinary inventory of liquefied natural gas stored in the
Terminal due to the reasons provided below:
Reasons for carrying out an
extraordinary inventory
The Terminal User asks to carry out the extraordinary inventory in the Liquefied Natural Gas Terminal:
Date/time:
Terminal User:
(position, name and surname, signature)
Seal here: //
19

Annex No. 2 - Gas Accounting Policy

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Annex No. 2 - Gas Accounting Policy

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REGULATIONS FOR USE OF LIQUEFIED NATURAL GAS TERMINAL DRAFT

SC Klaipedos Nafta, 2016

Natural Gas Accounting Policy of

1. General Provisions ................................................................................................................................................... 3

3. Accounting of LNG Accepted from an LNG Carrier into the Terminal

4. Accounting of LNG Reloaded from the Terminal into an LNG Carrier

5. Accounting of LNG regasified at the Terminal

VSGD – LNG quantity expressed in units of volume (m3) at measurement temperature.

6. Accounting of LNG Consumed for Technological Needs of the Terminal

0-1 P-1 P-1 P-1

428,398 nm3/hour 472,528 64.9

10.10.1. When performing LNG regasification and/or LNG reload:

LSP ×K0i LSP ×K0i

Ci – The amount to be reimbursed to the respective Terminal User (local currency).

< TERMINAL USER LETTERHEAD>

Request for carrying out an extraordinary inventory

(position, name and surname, signature)

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