Last update: 08.07.2024 18:11 (GMT+3)

VNF: Growth of Gasoline Transhipped by the VN Termināls Continued in March

08.04.2005, Ventspils nafta, RIG
Ventspils nafta                                          08.04.2005.

Growth of Gasoline Transhipped by the VN Termināls Continued in March


The growth of motor gasoline volumes transhipped by the Ventspils Nafta’s
daughter company Ventspils Nafta Termināls continued in March 2005,
including also substantial volumes of gas oil and – for the first
time in this year – some crude oil. All of these cargoes above were
delivered to the Ventspils Nafta Termināls mainly by railroad.

This March the Ventspils Nafta Termināls achieved yet another record
for the transhipment of motor gasoline of various grades – their volume
has already reached 0.46 million tonnes which is the all-time high level
of gasoline transhipment ever handled by the terminal. The growth of
gasoline volumes transhipped by the Ventspils Nafta Termināls is
related with high demand for this product in Europe and the USA,
as well as a successful policy for customers’ attachment by providing
unlike any other competitive terminals gasoline loading into large
vessels up to 100,000 tdw –– a very profitable service which brings
comfort to the customers and provides substantial decrease in freight
rate costs.

In March the Ventspils Nafta Termināls handled 0.35 million tonnes of
gas oil as well as crude oil which has to be handled for the first time
since the beginning of this year – in the amount of 0.11 million tonnes.
According to some previous forecasts deliveries of crude oil to the
terminal were not expected in January and February as they had been
affected by the decrease in crude oil exported by railroad from
Russia and other CIS countries during these months.

In total over the period from January to March 2005 the Ventspils
Nafta Termināls has handled 2.5 million tonnes of crude oil and
petroleum products, including 1.3 million tonnes of motor gasoline,
one million tonne of gas oil and 0.1 million tonnes of crude oil.


Ventspils Nafta, JSC
For more detailed information contact
Gundega Vārpa,
tel. 371-7229793;
e-mail: gundega.varpa@vnafta.lv




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