Ventspils nafta termināls
 
 

History

In more than 55 years VNT has come a long way from the Ventspils Oil Transhipping Terminal, which commenced work in 1961, to being one of the most modern crude oil and petroleum product transhipment companies in the Baltic States. The terminal is set in a geographically convenient location on the coast of the Baltic Sea - the ice-free port of Ventspils. The company's skilled management team and professional staff have ensured a solid and successful development of the company.

  • 1957
    1957

    On August 20 the Soviet Council of Ministers ordered that an oil tank farm be built in Ventspils with planned cargo turnover of 3 million tons per year;

  • 1958
    1958

    Construction of the tank farm in Ventspils commenced.

  • 1960
    1960

    Eduards Budens was appointed the new director of the Ventspils Oil Transhipping Terminal remaining in this position until 1963.

  • 1961
    1961

    On September 30, based on the State Committee’s certificate of acceptance, the first phase of construction was completed and the Ventspils Oil Transhipping Terminal was officially brought into service. On October 12 crude oil was delivered to the Ventspils Oil Transhipping Terminal for the first time. On October 25 crude oil was loaded into a tanker for the first time.

  • 1963
    1963

    Arnolds Rabinovics was appointed the new director of the Ventspils Oil Transhipping Terminal, remaining in this position until 1965.

  • 1964
    1964

    The second phase of construction of the Ventspils Oil Transhipping Terminal was completed, and gas oil transhipment was commenced.

  • 1965
    1965

    Viktors Odnoralenko was appointed the new director of the Ventspils Oil Transhipping Terminal, remaining in this position for 19 years.

  • 1968
    1968

    In September the crude oil product pipeline Polotsk-Ventspils was brought into service, significantly increasing the product transhipment volumes.

  • 1969
    1969

    The third phase of construction of the Ventspils Oil Transhipping Terminal was commenced.

  • 1972
    1972

    On January 7 the cumulative amount of crude oil and petroleum products transhipped via the Ventspils Oil Transhipping Terminal reached 100 million tons with the loading of the tanker Valmiera. In February the petroleum products pipeline Polotsk-Ventspils was brought into service significantly increasing the transhipment volumes of the tank farm.

  • 1975
    1975

    The third phase of construction of the Ventspils Oil Transhipping Terminal was completed.

  • 1977
    1977

    On October 2 the total volume of transhipped crude oil and petroleum products reached 200 million tons.

  • 1981
    1981

    In September the total volume of transhipped crude oil and petroleum products reached 300 million tons.

  • 1983
    1983

    The company reached its maximum annual capacity for transhipment of crude oil and petroleum products – 33 million tons.

  • 1984
    1984

    The total volume of transhipped crude oil and petroleum products reached 400 million tons in October. In the same month Aleksandrs Gutenevs became the Director of the Ventspils Oil Transhipping Terminal, and led the company for the next eight years.

  • 1987
    1987

    The Ventspils Oil Transhipping Terminal was renamed based on the order from the Oil Product and Heating Fuel Supply Committee of the Latvian SSR, and became known as the Ventspils Oil and Oil Product Export Supply Company.

  • 1988
    1988

    March – the total volume of transhipped crude oil and petroleum products reached 500 million tons.

  • 1991
    1991

    On May 9 the state enterprise for export of oil and petroleum products “Ventspils nafta” was registered with the Company Registry of the Republic of Latvia.

  • 1992
    1992

    August – the total volume of transhipped crude oil and petroleum products reached 600 million tons. Jānis Blazevics was appointed the new president of the company.

  • 1994
    1994

    The reconstruction of the terminal began in 1994, and in 1995 a detailed reconstruction programme was drafted, and a new technical development programme was approved.

  • 1997
    1997

    The total volume of transhipped crude oil and petroleum products reached 700 million tons. On October 29 Igors Skoks became the new President of Ventspils nafta and led the company for the next five years.

  • 1998
    1998

    Five new 20 000 cubic meter shore tanks for the storage of crude oil and petroleum products were brought into operation. On May 13 it was officially announced that vessels with a draught of 15 meters could now enter the Ventspils port, thus beginning a new chapter in the history of the company: for the first time the terminal was able to service the largest vessels that could enter the Baltic Sea.

  • 1999
    1999

    Extensive modernisation was undertaken: the environmental monitoring and visualisation database went on line, two new railway rack cleaning systems at the railway racks and six new 20 000 cubic meter tanks for storage of petroleum products were brought into service.
    On December 28 two new 50 000 cubic meter tanks (the biggest and only ones in Latvia) and two new 20 000 cubic meter tanks for storage of petroleum products were brought into service.

  • 2000
    2000

    The renewed ancillary services of the company, including Latvia's most modern fire fighting station, were brought into service. The new petroleum product loading/unloading railway rack with length of 348 meters and handling capacity of 4.7 million tons of petroleum products per year was launched in October. For the first time the company obtained the international ISO-9002 quality management standards certificate and the international ISO-14001 environmental management standards certificate.

  • 2001
    2001

    The terminal celebrated 40 years of operations. Two more 50 000 cubic meter tanks were brought into service, increasing storage capacity of the oil and petroleum product tank farm to 1 195 000 cubic meters.

  • 2002
    2002

    After one of the three railway racks had been adjusted to receive crude oil as part of the modernisation and expansion program, in December the terminal commenced reception and transhipment of crude oil delivered by rail, thus increasing the range of services provided by the terminal. Janis Adamsons was appointed the new President of the company.

  • 2003
    2003

    The functions of the central holding company Ventspils nafta were separated, dividing the Group’s companies which worked in different business areas, into individual companies. As a result, from October 1, 2003, Ventspils nafta terminals Ltd was created, taking over all terminal functions within the Ventspils Nafta Group. Rolands Kalnins was appointed the new Managing Director and managed the company for the next five years.

  • 2004
    2004

    The fourth railway rack for reception of crude oil and petroleum products was brought into service, allowing the terminal to use its capacities to the full extent. The new railway rack was designed for unloading of two categories of oil – crude oil and petroleum products, with the annual capacity of 4.5 mln tons of crude oil or 5.5 mln tons of gas oil. The Ministry of Environmental Protection of Latvia recognised this railway rack as the most environmentally friendly construction project of 2004.

  • 2006
    2006

    For the first time VNT unloaded massive petroleum product cargoes delivered by sea on tankers. These were the first deliveries to VNT in cooperation with Vitol Group. In order to promote company productivity representatives of the international corporation Vitol Group – the new shareholder of JSC Ventspils nafta, and VTTI – an influential owner and manager of a network of petroleum product terminals in the global market, joined the company’s Council.

  • 2007
    2007

    Due to activities of the new co-owner the throughput of VNT more than doubled – reaching 13.3 mln tons. For the first time since 2003 the cargo transhipment volumes once again exceed 10 mln tons. The company developed and, together with the Ventspils Regional Environmental Board of the State Environment Service of Latvia, coordinated an action plan for 2007-2011 for soil and groundwater remediation and prevention of historical contamination.

  • 2008
    2008

    The company continued the process of modernisation. Having invested one million lats into the improvement of environmental protection VNT brought into service new modern treatment facilities. The development of the Automated Process Control System (APCS) of the dispatch and operator control room was commenced. At the end of the year the new wastewater treatment facilities were installed. Ronald Okker was appointed the new Managing Director of the company.

  • 2009
    2009

    The company provided a stable transhipment volume of 10.4 million tons. In cooperation with the competent institutions the terminal implemented environmental remediation works – soil remediation in historically contaminated areas. August – VNT obtained a license for commencement of blending operations. September – VNT was placed under the management of Lars Pantzlaff – oil terminal development specialist with international experience.

  • 2010
    2010

    As a result of modernisation and in order to optimise operational costs, an Automated Process Control System (APCS) of the dispatch and operator control room was established. February – the butanisation system was installed, allowing production of a new competitive product – butanised gasoline. To ensure competitiveness and long-term development VNT implemented investment projects costing one million lats.

  • 2011
    2011

    VNT was named as the 17th most valuable company in Latvia by the business magazine Kapitāls, NASDAQ OMX Riga and IBS Prudentia. On November 21 VNT concluded a contract with the Investment and Development Agency of Latvia on the implementation of the project "Introduction of reverse transhipment services and development of the related infrastructure" with the aim of introducing a completely new service.

  • 2012
    2012

    As part of implementation of the project Introduction of transhipment services and development of the associated infrastructure in co-operation with the Investment and Development Agency of Latvia (LIAA) and the European Regional Development Fund, new and modern pump stations are being constructed. Replacement of old marine loading arms is ongoing - four loading arms have already been replaced by new ones. 

  • 2013
    2013

    VNT receives Silver in the Sustainability Index and the award “Best Employer in the Region”. The terminal concludes the cooperation agreement in science and professional development with Riga Technical University. Within the modernization three new pump stations are commissioned and the railway rack No 1 is dismantled in the territory.

  • 2014
    2014

    In August VNT renews the truck loading operation. CV-Online recognises VNT as the best employer in Kurzeme. VNT receives Golden Category and Sustainability Champion title of the Sustainability Index. The symbol of VNT – Naftiņš – sees the light.

  • 2015
    2015

    VNT successfully recertifies in compliance with requirements of the international standards ISO 9001, ISO 14001 and OHSAS 18001, comes into Platinum category of Sustainability Index and receives Golden Helmet award from the State Labour Inspection. An important modernisation project – railtank loading restoration – is completed.

  • 2016
    2016

    Within the development of its safety culture, VNT has introduced Life Saving Rules, which are applied in the oil industry to address a variety of risks. VNT contractor safety improvement programme awarded “Responsible business initiative of the year” on the CSR idea market. The Employers' Confederation of Latvia named VNT Best Employer in Kurzeme Region.

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