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Unipetrol - Product supply agreement with Shell

03.02.2014 08:47

UNIPETROL, a.s. ("Unipetrol") informs that on 31 January 2014 UNIPETROL RPA, s.r.o. ("UNIPETROL RPA"), 100% owned subsidiary of UNIPETROL, a.s., signed a product supply agreement with Shell Czech Republic a.s. ("Shell Czech Republic") based on which UNIPETROL RPA will be supplying fuels to Shell Czech Republic. Agreement is signed for the period of up to five years with a monetary value of up to approximately CZK 44 bn, based on the current fuels quotations and CZK/USD exchange rate and depending on the actual duration of the agreement. Shell Czech Republic has been granted option rights to gradually reduce fuel off-takes from UNIPETROL RPA starting from 2015.

In Prague, 31 January 2014

UNIPETROL, a.s.

Regulatory announcement No. 5/2014

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