Petersburg Fuel Company to sell oil product transshipment terminal in the Leningrad region

Petersburg Fuel Company plans selling of its non-profile assets, Yury Antonov, PFC President told the press conference according to Gorzakaz.Org.

Such assets include an investment project on construction of a logistics complex near Rzhevka airport (earlier planned investment of $20 mln) and an oil product transshipment terminal in the Leningrad region (investment of $300 mln). The fate of another large project – construction of a plant for processing of gas condensate near Kirovsk (Leningrad region) has not been determined yet.

Petersburg Fuel Company is a joint stock company of Saint Petersburg, Russia, specializing mostly in gasoline refining, storage, transportation and retailing, founded in September 1994.

Source: Portnews