Challenging year ahead for Ventspils

  • 2014-01-08
  • From wire report
RIGA - Oil transport company Ventspils nafta’s (Ventspils Oil) subsidiary Ventspils nafta terminals (VNT) handled 9.6 million tons of oil and oil products in 2013, which is 20 percent less than in 2012, according to a company report submitted to NASDAQ OMX Riga stock exchange, reports general director Lars Pantzlaff said: “2013, especially the second half of the year, has been challenging from the perspective of transshipment volumes due to shifts of product flows in the region based on demand and economics. Despite those aspects, not directly under the con...
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