Press
Prime Minister Vladimir Putin has been calling for Russia, the world’s largest oil producer, to narrow the price gap between its Urals export crude and the Brent benchmark since 2005. A $1 billion terminal in Rotterdam may help achieve that goal.
Summa Group, a shareholder in Russia’s biggest oil-export terminals, in Novorossiysk and Primorsk, is investing in a 3 million-cubic-meter facility....
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Summa Group, a shareholder in Russia’s biggest oil-export terminals, in Novorossiysk and Primorsk, is investing in a 3 million-cubic-meter facility....
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The news came from the Kremlin. In the presence of President Medvedev and Prime Minister Rutte, the 75 / 25 joint venture of the Russian Summa Group and the Dutch VTTI announced that an oil import terminal with a capacity of three million cubic meters will be constructed in the Europoort. We have to go far back in the history of the port to find such big transfer related project...
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