ROMPETROL RAFINARE S.A.
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"To: FINANCIAL SUPERVISORY AUTHORITY BUCHAREST STOCK CHANGE
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•Rompetrol Rafinare S.A.
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Legal address: 215 Navodari blv., Nnvodari, Administrative Building, Constanta county Phone number: 0241/506150
Fax number: 0241/506930; 506901
Sequence number in the Trade Registry: J13/534/1991 Unique Identification Number: 1860712
Subscribed and paid capital: 4.410.920.572,6 RON
Regulated market on which the securities are traded: Bucharest Stock Exchange (market symbol RRC)
II ERRATA: This report corrects a material error In the Current Report registered with the company under no. 11689 of 23.12.2015,as follows:
- In the section named "Contracts concluded by ROMPETROL RAFlNARE S.A. as Suppller", under Item 18,column V,the amount of "486,849 EURO" ls amended with the accurate amount of "939,183 EURO", according to Add. 342/27.11,2015 to the Contrac 2015-RRC 1/30.12.2014, concluded with Kazmunayps Trading A.G••
II) Reporting of lenl documents concluded by Rom petrol Raflnare S.A. acc. to art. 225 of the Law no. 297/2004 on the capital market and art. 113letter G. of CNVM Regulation no. 1 /2006
Item no. | Person I entity with whom the Company concluded the legal act | Nature or the act end the conclusion date | Subject matter or the legal act | Total value or the legal act or its estimation | Guarantees constituted, penalties stipulated | Payment terms and methods | |
Contracts concluded by S.C. ROMPETROL RAFINARE S.A. as Beneficiary | |||||||
I | Kazmunaygas Trading AG | Add 20/02.12.2015 - GOS_03428/22.12.2014 • RR3n9.I2.2014 | Raw materials acquisitions | USD 6,782,844 | Calculated in USD, based on I month Libor rate, published at ma1uri1y,plus 3% p.a. | 3 businessdays after completion of quotation tenn | |
2 | Kazmunaygas Trading AG | Add 21/07.12.2015 • GOS_03428/22. 12.2014 - l111rna ,., "'11.i | Raw materials acquisitions | USO 1,720,636 | Calculalcd in USO, based on I month Libor rate, published at maturity, plus 3% p.a. | 1 3 business days artc:r completion of quotation l,n_ | |
3 | Kazmunaygas Trading AG | 04500-RR-2015-12/PHY _13423 :Add 25_KMGT/006-2015_RR 5/30.12.2014 | Raw materials acquisitions | USO 19,952.473 | Payments within 90 calendar days (included) after the B/L (day zero) arc accepled for direct payments, in this case the Seller shall charge 1hc Buyer an interest at LIBOR rate (6 months) +3.17% published by "British Banker's Association" at 11:00 AM, London time, for each calendar day applied as of the 31st day aflcr the date of the BIL (day zero); in case of payment delays, the Buyer shall pay penalties for each day of delay starting with the 91st day afler the date of lhe BIL (day zero) at LIBOR role (6 months) + 3.17% per annum, published by "British Banker's Association " at 11:00 AM, London time. The Bank charges for financing (including but not limited to UC,storage fees) shall be recharged by the Seller to the Buyer at a fixed cost of 1.6o/oo. The penalties rate shall be valid until full payment of 1he amount of the invoice for the delivered crude oil. Should the Buyer open a Holding Certificate and places it on lhe financing line of the Seller, the Buyer shall pay interest for the period between the issuance of the certificate until run payment. The interest is based on LIBOR rate ( I month) +1.92% p.a. published by "British Banker's Association". If the deliveries arc perfonncd by EX STOCK C-ta and/or Midia, under the financing line BNP Supplemental, the Buyer shall pay addilionally a country risk and processing fee of 2%p.a. the fee shall be calculated until the final payment to BNP. The bank charges for financing (including but not limited to UC,storage fees) shall be recharged by the Seller 10 the Buyer at a fixed cost of 1.6 o/oo. Financing through Credit Agricole: For vessels that use lhe Seller's financing line,for payments the Buyer shall pay inlercst +3,09% p.a. (45 days of payment from the seller to the supplier) | 30 days after the date of BIL |
4 | Kazmunaygas Trading AG | 04501-RR-2015-12/PHY_l3 434 = Add 26_KMGT/006-20 I 5_RR 5130.12.2014 | Raw materials acquisitions | USD 19,588,752 | Payments within 90 calendar days (included) after the BIL (day zero) arc accepted for direct payments, in this case the Seller shall charge the Buyer an interest at LIBOR rate (6 months) +3.17% published by "British Banker's Association" at 11:00 AM, London time, for each calendar day applied as of the 31st day after the date of the B/L (day zero); in case of payment delays, the Buyer shall pay penalties for each day of delay staning with the 91st day after the dale of the BIL (day zero) at LIBOR rate (6 months) + 3.17% per annum, published by "British Banker's Association" at 11:00 AM, London time. The Bank charges for financing (including but not limited to UC,storage fees) shall be recharged by the Seller to the Buyer at a fixed cost of 1.6 o/oo. The penalties rate shall be valid until full payment of the amount of the invoice for the delivered crude oil. Should the Buyer open a Holding Cenificate and places it on the financing line of the Seller, the Buyer shall pay interest for the period between the issuance of the certificate until full payment , The interest is based on LIBOR rate ( I month) + 1.92 p.a. published by "British Banker's Association". Ifthe deliveries are performed by EX STOCK C-ta and/or Midia, under the financing line BNP Supplemental, the Buyer shall pay additionally a country risk and processing fee of 2%p.a. the fee shall be calculated until the final payment to BNP. The bank charges for financing (including but not limited to UC,storage fees) shall be rccharg'd by the Seller to the Buyer at a fixed cost of 1.6 o/oo. Financing through Credit Agricole : For vessels that use the Seller's financing line, for payments the Buyer shall pay interest +3,09% p.a. (45 days of payment from the seller to the supplier) | 30 days after the date of BIL |
5 | Kazmunaygas Trading AG | 04502-RR-2015-12/PHY_l3444 = Add 27_KMGT/006- 20 I 5_RR 5/30.12.2014 | Raw materials acquisitions | USD 19,221,009 | Payments within 90 calendar days (included) after the BIL (day zero) arc accepted for direct payments, in this case the Seller shall charge the Buyer an interest at LIBOR rate (6 months) +3.17% published by "British Banker's Association" at 11:00 AM, London time, for each calendar day applk'5, the Buyer shall pay penalties for each day of delay staning with the 91st day after the date of the B/L (day zero) at LIBOR rate (6 months) + 3.17% per annum, published by "British Banker's Association" at 11:00 AM, London time. The Bank charges for financing (including but not limitt'tl to UC,storage fees) shall be n.'Charged by the Sellerto the Buyer at a fixed cost of 1.6 o/oo. The penalties rate shall be valid until full payment of the amount of the invoice for the delivered crude oil. Should the Buyer open a Holding Certificate and places ii on the financing line of the Seller, the Buyer shall pay interest for the period betwt•tm the issuance of the cenificate until full payment. The interest is based on LIBOR rate {I month) + 1.92% p.a. publisht'tl by "British Banker's Association". If the deliveries are performed by EX STOCK C-ta and/or Midia, under the financing line BNP Supplemental, the Buyer shall pay additionally a country risk and processing fee of 2%p.a. the fee shall be calculated until the final payment to BNP. The bank charges for financing (including but not limited 10 UC,storage fees) shall be recharged by the Seller to the Buyer at a fixed cost of 1.6o/oo. Financing through Credit Agricole:For vessels that use the Seller' financing line, for payments the Buyer shall pay interest +3,09% p.a. (45 days of payment from the seller to the supplier) | 30 days after the dale of BIL |
6 | Kazmunaygas Trading AG | Add 23/29.12.2015 • GOS_03428122.J 2.2014 - RR3129.12.2014 (*) | Raw materials acquisitions | USD 217,615,000 | Calculated in USD, based on one month Libor rate, published at maturity, plus 3% p.a. | 3 business days after completion of quotation term |
7 | Kazmunaygas Trading AG | KMGf AG - CRUDE OIL TERM SALES CONTRACT _ RR 3 129.12.2015 (*) | Raw materials acquisitions | USD 884,175,627 | In case of payment delays, the Buyer shall pay penalties for each day of delay starting with the 31st day after the date of the BIL (day zero) at LIBOR rate (6 months) + 3.17% per annum, published by "ICE BENCHMARK ADMINISTRATION " at 11:00 AM, London time. The Seller issues the invoice for penalties to be paid by the Buyer within 5 business days after receipt. in case of delay in paying this invoice, the Buyer shall pay penalties for each day of delay at a rate equal to LIBOR (3months) + 2.00% p.a. published by "ICE BENCHMARK ADMINISTRATION " al 11:00 AM, London time, as of the date of payment delay for the delivered crude. Depending on the evolution of the financial markets the Seller can make amendments to be notified in writing to the Buyer, within 15 days. Financing through "Credit Agricole":For vessels that use the Seller's financing line, the Buyer shall pay interest 3,38% p.a. (45 days of payment by the Seller to the Supplier). Depending on the evolution of the financial markets the Seller can make amendments 10 be notified in writing to the Buyer, within 15 days. Financing through "BNP PARIBAS": Version A) financing through SUPPLEMENTAL: For vessels delivered to Midia/C-ta for which the Seller's financing line is used, at 45 days after the date of BIL ( date of BIL = day zero) the amount is considered under the financing facility of BNP Supplemental. the Buyer shall pay 1.92% and the country risk commission of 2% p.a.This commission is calculated as of the date of entry under the financing facility until the dale of payment performed by the Buyer to BNP. The Bank charges for financing (including but not limited to L/C, storage fees) shall be recharged by the Seller to the Buyer at a filled cost of 1.6 oloo. Vcrsion B) financing vs Holding Certificate if for the vessels deliven.' n Holding Certificate and places it on the financing line "BNP Paribas" of the Seller. the Buyer shall pay interest for the period between the issuance of the certificate until full payment. The interest is based on LIBOR rate ( I month) +1.92% p.a. published by "British Banker's Association". If the deliveries are performed by EX STOCK C-ta and/or Midia, under the financing line BNP Supplemental, the Buyer shall pay additionally a country risk and processing fee of 2%p.a. the fee shall be calculated until the final payment to BNP. The Bank charges for financing (including but not limited to L/C,storage foes) shall be recharged by the Seller to the Buyer at a fi>1c.'. | 30 days after the date of BIL |
8 | Uzina Tennoelcctrica Midia SA | Notice no. I 2/30.12.2015 to the Contract no. RR 2/29.12.2014 | Utilities price change | The contract value for 2015 is of Lei 77,878,593 I year (calculated based on achieved amounts until December inclusively). The value of the contract includes also C02 certificates. | Charging delay penalties, calculated from the day following the due date until selllemenl of the principal debt (exclusive). The percentage of delay penalties is 0.05% per each day of delay. | Payment tenn - within 45 business days from the receipt of the invoice |
9 | Uzina Tennoclcctrica Midin SA | Addendum no.IO /30.10.2015 to the Contract no. RR I 129.12.2014 | extension of contract validity | The contract value estimated for 2016 is of Lei 10,710,300/year; according to the Budget | The amount of delay penalties C.'.(Juals the interest applic.'.d for failure to pay at the due date the obligation to the stale budget. | Payment tenn: 30 business days from the receipt of the invoice |
10 | ROMINSERV S.R.L. | 3 requests issued in DL'Ccmber, 2015 as per Contract RR 4/31.12.2012 and Addendum no.2112.2014 | enterprize | 499.002 USD (VAT excluded) | The parties established a 12 calendar month period beginning with the date of lhe Act of Acceptance or Act of Commissioning, hut no longer than 15 months from the date of Act of Acceptance given that the PIF is not postponed or blocked for reasons attributed 10 the Beneficiary, should the warranty period constitute 12 months and shall start from lhe dale of Act of Accepumce issue; The parties agreed upon the penalties for payment delays in amount of 0.06% per each day of delay from the outslanding amount; the value of lhe penalties shall not exceed lhe 3% from the due amount | Payment tenn .wilhin 30 days from the receipt of invoice | ||
II | Rompetrol Quality Control S.R.L. | Analyses, respectively Analyses/projects issued in December, 2015 as per Contract RR 131 124.07.2006 and Addendum no.12-04.05.2015 | service rendering | USO 390.200 (fara TVA) | Penalties of 0.06% per each day of delay calculated base on the ou1s1anding amount | Monthly payment, within 15 days from lhe invoice receipt | ||
Contracts concluded by S.C. ROMPETROL RAFINARE S.A. as Supplier | - - | |||||||
I | Kazmunaygas Trading AG | Add.344/03.12.2015 • Ctr 2015 • RRC 1/30.12.2014 | Sales of petroleum products | USO 2,093,019 | Penallies for each day (payment due date vs actual payment dale), at LIBOR rate 3 months series + 2% per annum; demurrage days | I calendar day after B/L date, based on the provisional invoice, ti/compensation, senlemcnt within 3 days afler all quotation s lx'.Come known | ||
2 | Kazmunaygas Trading AG | Add.345/03.12.2015 • Ctr 2015 • RRC 1/30.12.2014 | Sales of petroleum products | USD 3,443,826 | Penalties for each day (payment due date vs actual payment date). at LIBOR rate 3 months series + 2% per annum; | 8 business days after lhe date of 8/L, based on commercial invoice, I/compensation | ||
3 | Kazmunaygas Trading AG | Add. 346/04.12.2015 - Ctr. 2015 - RRC 1/30.12.2014 | Sales of petroleum products | EUR 739,717 | Penalties for each day (paymenl due date vs actual payment dale), at LIBOR rate 3 months series + 2% per annum: | 32 days after delivery, wire lransfer/compcnsation | ||
4 | Kazmunaygas Trading AG | Add. 347/08.12.2015 - Cir. 2015 - RRC 1/30.12.2014 | Sales of petroleum producls | USD 2,021,916 | Penalties for each day (paymenl due date vs aclual payment date), at LIBOR rnte 3 months series + 2% per annum; dcmurrage days | 32 days after delivery, wire 1ransfcr/compcnsa1ion | ||
5 | Kazmunaygas Trading AG | Add. 348/ I 0.12.2015 - Ctr. 2015 • RRC 1/30.12.2014 | Sales of petroleum products | EUR 1.376.385 | Penalties for each day (payment due date vs actual payment date), at LIBOR rate 3 months series + 2% per annum: | 32 days after commercial invoice, wire transfer I compensation | ||
6 | Kazmunaygas Trading AG | Add. 349/1O.l 2.2015 - Ctr. 2015 • RRC 1/30.12.2014 | Sales of petroleum products | USO 1,994,010 | Penallies for each day (payment due dale vs actual payment date), at LIBOR rate 3 months series + 2% per annum: demurrage days | 22 calendar days after the dale of B/L, based on the commercial invoice, ti/compen sation |
Rompetrol Rafinare SA issued this content on 2016-01-20 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-20 18:58:22 UTC
Original Document: http://www.rompetrol-rafinare.ro/sites/default/files/upload_rap_curente/Rap_curente_en/RRC 20012016_Eng.pdf