| Emitents | Ventspils nafta, AS |
| Veids | Citi |
| Valoda | EN |
| Statuss | Publicēts |
| Versija | |
| Datums | 2012-04-26 17:03:34 |
| Versijas komentārs | |
| Teksts |
The profit of “Ventspils nafta” (NASDAQ OMX RIGA: VNF1R) Group’s subsidiary “Ventspils nafta termināls” (VNT) last year was 8.5 million lats, and it will be invested into the company’s development. It is planned that in 2012 the company will invest 6 million lats into its fixed assets, and a half-million will be channelled to environment sanitary measures – to improve conditions due to historical pollution (decontaminate soil and groundwater from pollution of petroleum products that was caused during soviet years). Revenue of VNT was 58.8 million lats in 2011, which is
considerably more than in 2010 when the company’s income was 43.4
million lats. The increase is attributable to increase in
proportion of railway traffic – VNT covers railway transportation
costs of its customers which in turn is then recovered in
full.
“The past year has been successful for Ventspils
nafta termināls. Despite the fact that the global economy has not
really recovered from the crisis yet, it has not affected our
transhipment volumes, as they have even increased by 26%.
This year we are planning to carry out a number of investment
projects. It is planned that we will launch completely new and very
modern pumping stations this year, and that will enable to
accommodate product flows better. Those investments will be in line
with latest trends with respect to safety, technology, and energy
efficiency”, explains the General Director of VNT Lars
Pantzlaff.
In 2011 also transhipment volumes of petroleum products
have increased by 26%, reaching 11.37 million tons. 5.7 million
tons of the company’s transhipment volumes were delivered by
railway and by sea, but 5.6 million tons – via the petroleum
product pipeline owned by LatRosTrans. Diesel fuel contributed to
the largest portion of the transhipment volumes – about
85%.
In the first quarter of 2012 the terminal transhipped
2.96 million tons of petroleum products – which is a half-million
ton or 24% more than in the same period last year. March has been
successful for the company as well – close to 1.4 million tons of
petroleum products were transhipped, which is 16% more than in
March of the last year, setting a monthly record in the last 10
years (April 2002).
"This winter the work load in the terminal has been
intense, apart from operating 24/7, to cope with the volumes. That
is a great achievement of all the people working at VNT”,
emphasizes the head of VNT.
About „Ventspils nafta termināls”
VNT provides transit services – receipt, storage and
loading of crude oil and petroleum products via pipelines, rail
tank-cars and tankers. VNT is technologically the most advanced and
largest crude oil and petroleum product transhipment company in the
Baltics with the total tank storage capacity of 1.2 million cubic
meters.
VNT has two shareholders – 49% of the company’s shares
are owned by the international terminal company VTTI while 51% of
shares are owned by JSC “Ventspils nafta”(NASDAQ OMX RIGA: VNF1R),
which is one of the largest groups of companies in Latvia.
Ventspils nafta subsidiaries engage in storage and transport of
petroleum products to clients in different countries worldwide both
via pipelines and by sea. JSC “Ventspils nafta” is the Group’s
parent company, which manages investments into the group’s
companies, by promoting the Group’s joint values and growth in the
value of each individual company.
Further information:
Ilze Nagla Public Relations Manager JSC “Ventspils nafta” Tel.: 29267454, 67715914 E-mail: ilze.nagla@vnafta.lv www.vnafta.lv, www.vnt.lv |
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