Investor Conference Webinar of JSC “Ventspils nafta” on First Quarter 2014 results

On June 12, 2014 JSC „Ventspils nafta” organized its Investor Conference Online Webinar for shareholders, investors and other stakeholders. During the webinar Chairman of Management Board of JSC “Ventspils nafta” Robert Kirkup informed about JSC “Ventspils nafta” latest activities, analysed the financial results of the first quarter 2014 as well as audited financial results of 2013.

| Source: Ventspils nafta

The recorded JSC “Ventspils nafta” webinar is available online:

The complete presentation, demonstrated during the webinar, can be found in the previously published JSC “Ventspils nafta” announcement:

During the presentation, when answering questions of participants, Robert Kirkup pointed out that it is planned to reduce the share capital of JSC “Ventspils nafta” subsidiary “LatRosTrans” Ltd. R.Kirkup also informed that the company’s management is evaluating a possibility to purchase the main oil pipeline in the territory of Lithuania in the future. 

JSC “Ventspils nafta” thanks all participants, who joined the webinar, and encourages everybody to follow company’s announcements to get information on the next webinar!

About JSC Ventspils nafta

JSC Ventspils nafta is one of the largest groups of companies in Latvia and works in the petroleum product transport, transshipment, storage and shipping sector. JSC Ventspils nafta is the Group’s parent company, which manages investments in subsidiary companies, by promoting the Group’s joint values and growth in value of each individual company.

JSC Ventspils nafta owns 51% in Ventspils nafta termināls Ltd, which is the largest crude oil and petroleum product terminal in the Baltics; 66% in LatRosTrans Ltd, which is the largest Latvian-Russian joint venture in the Baltics; 49.94% in JSC Latvijas kuģniecība, which is among the largest ship owners in the world in the medium-sized and handy tankers category.

Shares of JSC Ventspils nafta (NASDAQ OMX RIGA: VNF1R) are quoted in the Baltic Official List of the stock exchange NASDAQ OMX Riga since October 20, 1998.

Elīna Dobulāne, Communications Consultant

JSC Ventspils nafta

Phone: +371-25959447