Gazprom Neft to create terminals network in Russian ports and own fleet

Gazprom Neft will allocate $143 mln into development of bunker business in the North-West region consisting of ports of St. Petersburg, Primorsk, Vysotsk, Ust-Luga and Kaliningrad. Siberian oil informs, it is planned, in particular, to build two new terminals in Leningrad region: in the Big port of St. Petersburg and in a developing port of Ust-Luga. Besides, investments into reconstruction of the oil terminal in Kaliningrad and acquisition of six bunker vessels will take place.

The total amount of investments will reach about $220 mln by 2020.

Source: Portnews