• 2010 July 29

    More Ust-Luga investors are comin’ in


    More and more investors are coming to join the Ust-Luga seaport project. Recently, EuroChem has officially confirmed it would be willing to enter the project. Rosneftebunker’s terminal is expected to be commissioned in Q3, 2010. RTL plans to launch the New Harbor car terminal by late 2010. In late 2011 an oil terminal is projected to start operating for BPS-2. Moreover, there has been an agreement signed for building a grain terminal for United Grain Company. Overall, in the next two years more than 20 billion are expected to pour in the port project.