16/09/2013at 15:16

Baltic Sea terminal secures USD 675 million for expansions

The world's fifth-largest oil trading company, Gunvor Group, has secured USD 675 million in financing for expanding the large Ust Luga oil terminal in Russia.

BY JØRGEN RUDBECK

The owners of the large Russian oil terminal Ust Luga at St Petersburg, Cypriot company Gunvor Group, has secured USD 675 million for financing the planned expansions of the Baltic Sea terminal.

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