Ventspils Nafta Termināls

In context of long-term development prospectives, Ventspils nafta termināls Ltd is going to continue strengthening its position as the most-up-to date crude oil and petroleum products transshipment complex in the Baltic region, by developing its work by following similar principles as in other companies under the Vitol Group worldwide. Along with international competition getting more severe, modernization of the company and measures of diversifying economic activity is a way of maintaining and strengthening the position of Ventspils nafta termināls Ltd in the global market, thereby making a contribution into promotion of competitiveness of the entire Ventspils port.

Optimizing operational processes and procedures, developing new added-value services, increasing workforce efficiency, introducing higher requirements in terms of environment protection and introducing modern technologies in all operating processes of the company - these are the most relevant aspects when it comes to ensuring growth of Ventspils nafta termināls Ltd.

In the future, Ventspils nafta termināls Ltd is planning to offer such added-value services as blending (obtaining new product types by mixing different petroleum products) and butanization (gaining content of gasoline required in particular world markets by mixing motor gasoline with liquid butane).

Further sophistication of information technologies to be used is planned on company's technical and operational activities, as well as administrative processes and logistics planning.

The most relevant projects related to infrastructure improvement of Ventspils nafta termināls Ltd for achievement of more dynamic work of the company in the next years comprise construction of a new pipeline corridor from the company's territory to jetties at the port in distance of several kilometers where cargos are loaded into tankers. Also further optimization of the terminal's central control rooms.

Changes at Ventspils nafta termināls Ltd are taking place at a rapid pace. Regular training and education of the company's employees are the success factors for a constant improvement of our service portfolio. Our active human resources policy provides up-to-date information of the progress each individual employee is making. By introducing multifunctional training, we have ensured utmost flexibility of the terminal's work, because the company's operators educated in this way are able to work at any location at the terminal.