April 7, 2011 [Alliance Oil Company] - Alliance Oil Company has acquired Gavanbunker CJSC - a sea terminal located in the Khabarovsk region to support its expanding bunkering activity.
The acquired assets include railway discharge facilities and storage tanks with a total capacity of 23,000 cubic meters for light and heavy products. Gavanbunker’s annual turnover is about 250 thousand tonnes of oil products.
“We expanded the Company’s downstream presence in the Russian Far East by acquiring a sea terminal to further strengthen our bunkering operations in the region”, commented Arsen Idrisov, Managing Director of Alliance Oil Company.
