18. VEXOIL Bunkering Ltd.

We would like to introduce you our company – “VEXOIL Bunkering” Ltd, which is one of the leading bunkering companies in Riga port, Latvia. Our company was found in August of 2003 as the result of significant changes in mother company “LIDONAFTA”. Company’s bunkering department started its operation in 1997 and in 2003 it was decided to establish a new independent bunkering company.

Our team have been successfully developing business and presence in bunkering market at Riga Port through years. This gave us the possibility to build a new and technologically modern oil terminal in the territory of Riga Port in 2003. This terminal has been successfully launched in September, 2003. This gave us opportunity to increase our product turnover four times in a couple of months, and we are searching for new contacts and customers, because our human and technological resources are far from the limit.

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