Ventspils nafta                                      07.01.2005.



8.4 Millions t of Crude and Products Handled by VN Termināls in 2004



In 2004 the Ventspils Nafta Termināls, Ltd. – a daughter company of the 

Ventspils Nafta, JSC – handled totally 8.4 million tonnes of crude oil 

and petroleum products, thus including 3.8 million tonnes of gas oil, 

2 million tonnes of crude oil as well as 2.6 million tonnes of motor 

gasoline of various grades.



All the volumes were delivered to the Ventspils Nafta Termināls 

solely by railway, and if compared with 2002 when crude oil was 

delivered to Ventspils also by pipeline, the growth of railway 

deliveries to the terminal in 2004 was increased by 1.8 million 

tonnes or 28%. Only a small amount of the total volume – 

0.2 million tonnes was delivered in 2004 to the 

Ventspils Nafta Termināls 

by the sea.



Substantially – by 0.7 million tonnes, when compared with 2003, 

in 2004 grew up the volume of motor gasoline handled by the 

Ventspils Nafta Termināls.



Despite the decrease in the volumes of gas oil and crude 

oil delivered 

to the Ventspils Nafta Termināls last year when compared with 2003, 

it is worth mentioning that the situation was influenced by some 

circumstances beyond control of the terminal. First of all this 

is a rapid increase in capacity of crude oil transhipment outlets 

in Russia, as well as the total decrease in gas oil volumes 

exported from Russia by railway, and in respect of Latvia the 

unequal Russian policy on railway tariffs.



In November 2004 the Ventspils Nafta Termināls, Ltd. handled 

0.4 million tonnes of petroleum products, among them 

0.2 million tonnes of gas oil and 0.2 million tonnes of motor 

gasoline. 

In December the terminal handled almost 0.7 million tonnes of crude 

oil and petroleum products, and it was more than within the 

same period of 2003. Since December the volume of cargoes handled 

has reached over 0.3 million tonnes of both gas oil and motor 

gasoline, however, with respect to crude oil – 0.05 million tonnes.s.