| Emitents | Ventspils nafta, AS |
| Veids | Citi |
| Valoda | EN |
| Statuss | Atcelts |
| Versija | |
| Datums | 2011-11-07 17:17:25 |
| Periods | |
| Versijas komentārs | |
| Teksts |
VTTI, a parent company of Ventspils nafta terminals (VNT) and one of the largest terminal operating companies in the world, in cooperation with Summa Group have signed a long-term agreement with the Port of Rotterdam, the largest port in Europe, on building and operating a new major crude oil and petroleum product terminal in the area exceeding 55 hectares in the Port. Vitol Group, co-owner of VTTI and one of the largest investors in Latvia, considers this a huge deal beneficial also for Latvia as it will positively affect the crude oil transit from Russia to Europe. “At the moment VNT is one of the largest terminals in
VTTI Group with the capacity of 1.2 million cubic meters. We don’t
see the new terminal in Rotterdam as our competitor, to the
contrary, the terminal will strengthen our positions at the group
level on the global oil market. As one of the biggest terminals in
the group we are ready to share our best practice on efficiency and
high standards of work and environment safety,” says General
Director of Ventspils nafta terminals (VNT) Lars
Pantzlaff.
In the Port of Rotterdam it is planned to build
approximately 3 million cubic meters of storage facilities
allocated for Urals crude oil and petroleum products. Investments
are expected to total up to approximately 1 bln USD (LVL 2 bln or
EUR 5 bln). The new terminal will operate as an "open hub" terminal
creating a trading platform for Urals crude oil.
After the initial permitting and design process, the
construction work for the new terminal is expected to commence in
2013 resulting in an operational start-up in 2015.
Speaking about the agreement, Rob Nijst, CEO of VTTI,
said: “VTTI has played a leading role in this new concept for
developing a crude oil hub, which establishes the company as a
major player in international crude logistics. This project is a
major step for VTTI in enhancing its position in Rotterdam as well
as in the global oil terminal industry, and in realizing ambitious
plans for growth.”
VNT is a part of the terminal operating company VTTI.
VNT provides transit services - receipt, storage and loading of oil
and petroleum products via pipelines, rail tank cars and tankers.
VNT is the largest company in the region with the total tank
storage capacity of 1.2 million cubic meters.
The shares of VNT are owned by 51% by one of the major
holdings in the Baltic States – the public joint stock company
Ventspils nafta (NASDAQ OMX RIGA: VNF1R), 49% of shares are owned
by Eurotank Holding Sarl, which is part of the international
terminal operating company VTTI. VTTI owns and operates a network
of 11 petroleum product terminals with a gross combined
capacity of nearly 6 million cubic metres, which is set to expand
to nearly 8 million cubic metres by 2013.
Additional information:
Ilze Nagla
Public Relations Manager
JSC “Ventspils nafta”
Phone: 29267454, 67715914
E-mail: ilze.nagla@vnafta.lv
|
| Pielikumi |
|