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VNF: First half year volumes for VNT increase by 24%

Spekuliantai.lt | 2011-07-14 | NASDAQ OMX biržų naujienos | perskaitė: 1007
Raktiniai žodžiai: Ventspils nafta, VNF
VNF: First half year volumes for VNT increase by 24%

Ventspils nafta Company Announcement 14.07.2011

First half year volumes for VNT increase by 24%

In the first half of 2011 Ventspils nafta terminals (VNT) handled nearly six
million tonnes, which is 24% or 1.2 million tonnes more than in the same period
in 2010. June's volume was 852,400 tonnes, 48,000 tonnes more than in June
2010.

In the first half of the year the largest element of products handled was
diesel fuel via the pipeline which during this period reached just over 3
million tonnes, making up more than 50% of the total. The next largest element
is diesel fuel transhipped by rail of 1.9 million tonnes, which is more than
one-third of the total.

The amount of products handled in the second quarter of the year exceeds the
previous quarter's data by around 62,000 tonnes.

The shares of SIA Ventspils nafta termināls are owned by 51% by one of the
major holdings in the Baltic States - the public joint stock company Ventspils
nafta. Whereas 49% of shares are owned by Eurotank Holding Sarl, a company of
the international terminal operating company VTTI.

VNT provides transit services - reception of oil and diesel fuel through
pipelines, reception of diesel fuel, gasoline and other petroleum products by
rail and sea, storage and handling. VNT is the largest terminal company in the
region with 1.2 million cubic metres of crude oil and oil product storage.


JSC Ventspils nafta
E-mail: [email protected]
Phone.: 67715910

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