About us

Concerning the opinion of the Audit Committee

The Lithuanian gas transmission system operator AB Amber Grid hereby notifies that the Audit Committee stated that the terms and conditions of the agreement planned to be concluded between UAB EPSO-G and AB Amber Grid regarding lending and borrowing services via cashpool are reasonable and fair with regard to the shareholders of AB Amber Grid and are in line with market conditions that company would receive from credit institutions.

The Board of AB Amber Grid will address the conclusion of the agreement on 26 February 2019.

The EPSO-G intra group borrowing via cashpool is aimed at more efficient treasury management. It provides an alternative option for short term borrowing from credit institutions and scales down expenses of financial activities.

To top