During  the  past  year  "Ventspils  nafta"  terminal has reloaded 13.8

million tons of oil and oil products, of this 7.5 million tons is crude

oil,  5  million  tons  is diesel oil and 1.3 million tons is petrol of

various brands.

In  2002 the company experienced a lot of external pressure, mainly due

to  Russian  monopoly  Transņeftj  administrative  decisions  to  avoid

Ventspils   and  to  use  Primorsk  terminal  instead.  Last  year  the

competition  increased  also due to launch of full capacity at Butinge,

while  Tallinn  port  terminals  expanded their business in the area of

reloading  oil  transported by rail.  As a result, the volumes of crude

oil reloaded by Ventspils in 2002 reduced nearly by half if compared to

the  2001  volume,  while  the volume of reloaded oil products remained

stable.  At  the  end of 2002 "Ventspils nafta" started to reload crude

oil transported by rail, and is planning to further develop the service

also this year. The company is continuing to attract new clients and is

analysing the possibility to introduce new services.