Ventspils nafta termināls Ltd, the subsidiary of the joint stock company Ventspils nafta, continued to increase the volume of transshipment in the first five months of 2007, which has grown by 2.9 million tons comparing to cargo volumes in the corresponding period of 2006. From January to May 2007, Ventspils nafta termināls Ltd transshipped 5.5 mln tons of crude oil and petroleum products delivered to the terminal by railway, sea and diesel pipeline. Diesel delivered to the terminal by railway, sea, as well as petroleum products pipeline accounted for 4 mln tons of the total volume of cargos handled at Ventspils nafta termināls Ltd. From January to May 2007, car petrol transported by rail and sea amounted to 0.9 mln tons while crude oil delivered to Ventspils nafta termināls Ltd by sea - for 0.5 mln tons. The increase in the volume of transshipped cargos at Ventspils nafta termināls Ltd can be explained both by receiving of diesel through petroleum products pipeline successfully started at the beginning of 2007, and the effective cooperation with Euromin Holdings (Cyprus) Limited, a company of the international oil trade consortium Vitol Group being a shareholder of JSC Ventspils nafta and co-owner of Ventspils nafta termināls Ltd. In May of 2007 Ventspils nafta termināls Ltd handled 1.05 mln tons of crude oil and petroleum products including more than 0.7 mln tons of diesel, 0.2 mln tons of petrol and 0.1 mln tons of crude oil. Ventspils nafta termināls Ltd is a subsidiary of JSC Ventspils nafta, 51% of which belongs to JSC Ventspils nafta, but 49% - to Vitol's company Euromin Holdings. The terminal renders transit services - receiving of oil and diesel petrol by pipelines; receiving of oil, diesel, car petrol and other petroleum products by railway and sea, their storage and transshipment. Ventspils nafta termināls Ltd is the largest of such companies in the region, and its crude oil and petroleum products shore-tank farm reaches 1.2 mln cubic metres and has no analogues among similar companies in the nearest countries. JSC Ventspils nafta For further information, please contact Gundega Vārpa calling 7229793 or e-mailing to: gundega.varpa@vnafta.lv.
Volume of transshipment at Ventspils nafta termināls Ltd continues to increase
| Source: Ventspils nafta