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Operating results of JSC “Ventspils nafta” Group companies in the first half of the year

July 29, 2016 / News

In the first half of 2016 JSC “Ventspils nafta’s” subsidiary ““Ventspils nafta” terminals” Ltd transhipped 4.29 million tons of petroleum products, in turn “LatRosTrans” Ltd transported 2.4 million tons.

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Theory and reality of doing business in Ventspils

July 21, 2016 / News

Recently the Chairman of Ventspils City Council in his weekly videoconference stated that the type of cargo a terminal handles is secondary, while the compliance with environmental standards comes first. Ventspils nafta termināls (VNT) follows exactly the same principle by focusing all efforts on the installation of a vapour recovery unit (VRU) that would not only contribute to higher environmental standards in Ventspils, but also create an opportunity for VNT to increase the volume of transhipped cargoes in Ventspils port.

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Clarification regarding information released by Ventspils Freeport Authority

July 11, 2016 / News

""Ventspils nafta" termināls" Ltd. (VNT) would like to draw attention to the fact that the information publicly announced by Ventspils Freeport Authority about VNT’s activities related to the conclusion of the contract on a lease of the land plot for installation of the Vapour Recovery Unit (VRU) and the invitation for VNT to participate in the development of the Freeport Regulations does not reflect the real situation.

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The regulation adopted by the Latvian Parliament promotes investor-unfriendly environment

June 30, 2016 / News

““Ventspils nafta” terminals” Ltd (VNT) does not support the amendments to the law "On the Application of Taxes in Free Ports and Special Economic Zones" (hereinafter – Amendments) adopted by the Latvian Parliament on 16 June.

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