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Home : Gunvor Completes Majority Sale of Ust-Luga Oil Products Terminal
Jul 14
2015

Gunvor Completes Majority Sale of Ust-Luga Oil Products Terminal

GENEVA, SWITZERLAND--(Marketwired - July 13, 2015) - Gunvor Group, a leading global commodities trading house, has sold a 74 percent stake in OJSC "Ust-Luga Oil", the operator of Ust-Luga Oil Products Terminal, to a company controlled by Mr. Andrei Bokarev, an investor in coal mining, transportation and industrial processes. The investment aligns with Mr. Bokarev's expanding Russian logistics portfolio.
Source:http://www.marketwired.com/mw/release.do?id=2037827&sourceType=3
 
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