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VNT has transhipped 19% more in H1 2012

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VNT has transhipped 19% more in H1 2012

In the first six months of this year, “Ventspils nafta termināls” (VNT) has transhipped 7.12 million tonnes of petroleum products. It is 19% increase compared with the same period a year ago, when 5.987 million tonnes were transhipped. 53.9% of the transhipped amount came by rail, 43.1% through a pipeline and 3.0% by sea.

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.

51% of VNT is owned by JSC “Ventspils nafta”(NASDAQ OMX RIGA: VNF1R), which is one of the largest groups of companies in Latvia and operates in the sector of transit business. 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.