international magazine
06 / 2003

Uldis Pumpurs: we know that Russian exporters need Venstpils

The dashing development of Russian pipeline system, primarily its Primorsk direction, resulted in reduction and gradual suspension of shipments to Latvian marine terminal Ventspils Nafta. During the 1990s, Ventspils Nafta handled up to 20% of Russia's crude and oil products. Today the company is facing difficulties due to the decision of the Russian side to stop pipeline crude shipments to the terminal from January 2003.