Emitents | Ventspils nafta, AS |
Veids | Citi |
Valoda | EN |
Statuss | Publicēts |
Versija | |
Datums | 2015-07-09 09:23:56 |
Versijas komentārs | |
Teksts |
In the first six months of the year the amount of oil products transhipped and transported by JSC “Ventspils nafta” subsidiary companies has decreased slightly. In the first half of the year LLC “LatRosTrans” (LRT) transported 2.98 million tons or 10.5 % less than last year, when the transported amount reached 3.33 million tons. LLC ““Ventspils nafta” terminals” (VNT) in the same period of time transhipped 5.9 million tons, which is an 8 % decrease.
Management of JSC “Ventspils nafta” explain the changes in the
amounts with the fact that in the second quarter this year a
decrease was observed in the oil products transported via the LRT
pipeline from Russia. This was partly offset by the products
transported from Belarus. The decrease in the oil products
transported by LRT affected performance results of
VNT.
In the second quarter this year LRT transported 1.2 million
tons of oil products, meanwhile VNT transhipped 2.5 million
tons.
In view of the geopolitical situation and uncertainties in the
region, management of companies of the JSC “Ventspils nafta” Group
are still cautious about the amounts of oil and oil products to be
transhipped and transported this year.
“We continue to look for ways to cut costs and work more
effectively. This allows us to provide quality services to our
clients at a competitive price thus ensuring a stable flow of oil
products to companies of the Group,” emphasizes Chairman of the
Management Board of JSC “Ventspils nafta” Robert
Kirkup.
About JSC Ventspils nafta
JSC Ventspils nafta is one of the largest groups of companies in
Latvia and it operates in the petroleum product transport,
transhipment, storage and shipping sector. JSC Ventspils nafta is
Group’s parent company, which manages investments in subsidiary
companies by promoting Group’s joint values and growth in the value
of each individual company.
JSC Ventspils nafta owns 51% in Ventspils nafta terminals Ltd,
which is the largest crude oil and petroleum product terminal in
the Baltic States; 66% in LatRosTrans Ltd, which is a
Latvian-Russian joint venture in the Baltic States; 49.94% in JSC
Latvian Shipping Company, which is among the largest vessel 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 Main List of the stock exchange NASDAQ OMX Riga since
October 20, 1998.
Additional information:
Elīna Dobulāne, Communication Consultant
JSC “Ventspils nafta”
Phone: +371-25959447
E-mail: elina.dobulane@vnafta.lv |
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