Komentarai Siųsti draugui Spausdinti Vertinimas Neįvertintas

VNF: Ventspils nafta termināls Ltd transships 8.5 million tons of crude oil and petroleum products in nine months

Spekuliantai.lt | 2009-10-16 | NASDAQ OMX biržų naujienos | perskaitė: 2708
Raktiniai žodžiai: Ventspils nafta, VNF
VNF: Ventspils nafta termināls Ltd transships 8.5 million tons of crude oil and petroleum products in nine months

Ventspils nafta Company Announcement 16.10.2009

Ventspils nafta termināls Ltd transships 8.5 million tons of crude oil and
petroleum products in nine months

Public joint stock company's Ventspils nafta subsidiary Ventspils nafta
termināls Ltd has transshipped overall 8.5 million tons of crude oil and
petroleum products in the nine months of 2009. These results can be considered
as very successful in the view of external factors that have had significant
impact on activity of Ventspils nafta termināls Ltd in the last three months -
the international market structure and repair works of the main petroleum
products pipeline Polotsk-Ventspils in the territory of Belarus.

The largest proportion of the cargos transshipped by Ventspils nafta termināls
Ltd in the period of January-September 2009 is formed by 6.3 million tons of
diesel fuel delivered via petroleum products pipeline and by railway. 1.7
million tons of the total transshipment volume is formed by motor gasoline of
various grades transported by railway and other petroleum products, and 0.5
million tons - by crude oil and petroleum product cargos delivered by sea.

Transshipment results of Ventspils nafta termināls Ltd are affected in 2009 by
the market structure, as well as repair works of the main petroleum products
pipeline in the territory of Belarus. The pipeline is systematically
reconstructed after the accident that happened in spring of 2007 in an effort
to avoid possible fractures, emergency conditions and ecological threat to
environment - inter alia in the territory of the Republic of Latvia. It is
planned that repairs of the pipeline in Belarus will continue as long as until
the end of 2009.

“In this situation, activity of Ventspils nafta termināls Ltd can be assessed
as effective and the achieved transshipment volumes - as very positive,”
emphasizes the terminal's General Director Lars Pantzlaff. Furthermore, it must
be considered that the contract with foreign investor - the international oil
and gas company Vitol Group - guarantees largely regular income to Ventspils
nafta termināls Ltd in cases when the previously planned transshipment tonnage
is not reached.

Ventspils nafta termināls Ltd ensures stable transshipment volumes - more than
10 million tons of crude oil and petroleum products yearly - since 2007 when
the company resumed receiving diesel fuel from petroleum products pipeline and
started valuable cooperation with JSC Ventspils nafta and Vitol Group, which is
a co-owner of and Ventspils nafta terminals Ltd. The company is currently
continuing to strengthen its positions as the most modern crude oil and
petroleum products transshipment complex in the Baltic region, by running its
operations in the same way as all other companies under the Vitol Group around
the world.

SIA Ventspils nafta termināls td is a subsidiary of AS Ventspils nafta. 51% of
it belongs to AS Ventspils nafta while 49% are owned by the Vitol company
Euromin Holdings (Cyprus) Limited. The terminal renders transit services:
reception of oil and diesel fuel via pipelines, as well as reception, storage
and transshipment of diesel fuel, motor gasoline and other petroleum products
delivered by railway and sea.

SIA Ventspils nafta termināls is the largest of such companies in the region,
and its crude oil and petroleum products shore-tank farm reaches 1.2 million
cubic meters and has no analogues among similar companies in the nearest
countries.




JSC Ventspils nafta
For further information -
Gundega Vārpa,
Public Relations and Advertising Manager,
tel.: +371 67229182;
e-mail: [email protected]
www.vnafta.lv
www.vnt.lv

Taip pat skaitykite

DPK: Decisions of the regular meeting of shareholders dated 27.05.2013

VLN: NEW MUTUAL FUND TO THE BALTIC FUND CENTER

VLN: The results of the primary placement auction of Lithuanian Government securities

VLN: VVP pirminio platinimo aukciono rezultatai

2013-05-27 | NASDAQ OMX biržų naujienos 2013-05-27 | NASDAQ OMX biržų naujienos 2013-05-27 | NASDAQ OMX biržų naujienos 2013-05-27 | NASDAQ OMX biržų naujienos

Komentarai



Ekonominis kalendorius

Prekybos statistika realiu laiku

Techninės analizės įrankis

Privatumo politika Reklama Kontaktai Paskolos RSS RSS
© 2006-2024 UAB All Media Digital