UST-LUGA
(RUSSIAN BALTICS)
NOVOROSSIYSK
(BLACK SEA)
Ust-Luga (Russian Baltics)
The Ust-Luga trans-shipment terminal
started operations in Q2 2011 building up
to a projected throughput volume of 25
million metric tonnes per annum. It is an
environmentally friendly facility and it is the
biggest single investment of the group. The
group is holding a 100% stake in this project.
The trans-shipment facilities handles a variety of refined Russian oil products, including fuel oil, diesel and gasoil, as well as gasoline and naphtha in a later stage.
The terminal has a total storage capacity of 670,000 m3; including four railway discharge stations and four loading facilities for vessels of up to 150,000 deadweight tonnes.
We also operate a crude terminal in which Gunvor holds a 50% stake.
Novorossiysk (Black Sea)
The Novorossiysk trans-shipment terminal
is a joint-venture project with Novorossiysk
Commercial Sea Port (NCSP). The terminal
will handle a projected throughput volume of 4
million metric tonnes of fuel oil per annum
and have a storage capacity of 120,000 m3.
Gunvor will operate the terminal and has a 50%
stake in this project.