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Ventspils Nafta AS Overview

City:Ventspils
Country:Latvia
Industry:Oil Well Services and Equipment
Description:
Ventspils Nafta AS is a Latvia-based holding company. It consists of subsidiaries engaged in various business sectors: transshipment of crude oil and petroleum products by pipeline and railway as well as quality analysis of crude oil and oil products through the Company’s 51%-owned subsidiary Ventspils Nafta Terminals Ltd; transportation of crude oil and petroleum products by main pipelines to the terminals in Latvia, to the refinery in Mazeikiai and the oil terminal in Butinge of Lithuania, through the Company’s 66%-owned subsidiary LatRosTrans Limited; and shipping business through the 49.94% stake hold in Latvijas Kugnieciba, which provides commercial, financial and technical management as well as recruits staff for ship owners. Since December 2008, the Company has reorganized its activity, has retained only investments into... (More)










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