Neste operates the Riga II liquids storage terminal, which is located in Riga in Latvia. This liquids storage terminal became operational in 1998 and is owned by Neste.
The terminal, which is accessible by rail, road, and sea, primarily stores petroleum products.
Key specifications of the storage terminal
Storage Capacity (bbl): 1,89,323
Tank Size Min (bbl): 314
Tank Size Max (bbl): 31,449
Number of Tanks: 8
About Neste
Neste Corp (Neste) is an oil refining and marketing company that offers advanced and clean traffic fuels. It produces and sells gasoline; diesel fuel; aviation fuel; heating oil; light and heavy fuel oil; base oils; gasoline components; specialty fuels; solvents; liquid petroleum gas (LPG), bitumen and renewable diesel. The company undertakes direct sales and marketing of petroleum products, around the Baltic region. It has operations in Finland, Northwest Russia, Estonia, Latvia and Lithuania. It also exports oil to other global markets which include the US, Sweden, Canada, Germany and the UK among others. The company markets its products to oil companies and companies that market oil, fuels, lubricants and other special products. Neste is headquartered in Espoo, Finland.
Methodology
Information on the liquids storage terminal is sourced from GlobalData’s liquids storage terminal database that provides detailed information on all active and upcoming, liquids storage terminals globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.