JSC Ventspils nafta subsidiary crude oil and petroleum products transshipment company Ventspils nafta termināls Ltd has become the largest taxpayer in the Ventspils city municipal budget already for the second year in a row. The taxes totally paid in 2008 to the Ventspils municipal budget by Ventspils nafta terminals Ltd have reached almost one million lats. “To be the largest taxpayer in Ventspils is not only an honor, but that also attests the significance of Ventspils nafta termināls Ltd in Ventspils and interconnection with the society of Ventspils and the Ventspils city administration,” emphasizes General Director of Ventspils nafta termināls Ltd Ronald Okker. Since 2007, when Ventspils nafta termināls Ltd gained a new co-owner and strategic partner - the international oil and gas company Vitol - the company continues ensuring a stable level of transshipment volume. In spite of the considerable influence of events in global economy and international competition, Ventspils nafta termināls Ltd has in total transshipped 11.6 million tons of crude oil and petroleum products in 2008, thereby continuing to increase also all types of tax payments. The major taxpayers were congratulated this year by the Ventspils municipality already for the tenth time - a tradition was started in 1999 to award the companies that have made the largest contribution to ensure well-being and development in the city. From 1999 until 2002, the largest taxpayer to the municipal budget was JSC Ventspils nafta. Now this tradition is revived for the second year in a row by JSC Ventspils nafta subsidiary Ventspils nafta terminals Ltd. Ventspils nafta termināls Ltd td is a subsidiary of JSC Ventspils nafta. 51% of it belongs to JSC Ventspils nafta while 49% are owned by the Vitol Group company Euromin Holdings Limited. The terminal renders transit services: reception of oil and diesel fuel via pipelines, as well as reception, storage and transshipment of diesel fuel, motor gasoline and other petroleum products delivered by railway and sea. JSC Ventspils nafta For further information - Gundega Vārpa, Public Relations and Advertising Manager, tel.: +371 67229182; e-mail: gundega.varpa@vnafta.lv www.vnafta.lv www.vnt.lv
Ventspils nafta termināls Ltd - the largest taxpayer in Ventspils also in 2008
| Source: Ventspils nafta