AVELLUM Advises Kernel on Acquisition of Sunflower Oil Transshipment Terminal in Reni
01.10.2024 By Tank Terminals - NEWS

January 10, 2024 [Avellum]- AVELLUM advised its longstanding client Kernel Group on transaction matters related to the acquisition of 100% of shares in Reni-Oil LLC, a sunflower oil transshipment terminal with 15 thousand tons of one-time sunflower oil storage in the Reni port, for the consideration of USD24.75 million.

 

The transshipment terminal is the only one with proper intake, storage, and off-loading capacities among Ukrainian Danube River ports, allowing the export of sunflower oil even in case of the blockade of the Black Sea ports.

Kernel is the world’s leading producer of sunflower oil and Ukraine’s largest exporter.

Partner Yurie Nechayev led the AVELLUM team with support from associates Oleksandr Kozhukhar and Olha Rudevych.

 

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

UAE Invests Billions in AI to Diversify Economy Beyond Oil
11.13.2024 - NEWS
November 13, 2024 [Oil Price]- The United Arab Emirates’ state-owned energy giant Abu Dhabi Nat... Read More
Gulf Energy Transition: Assessing Saudi and Emirati Goals
11.13.2024 - NEWS
November 13, 2024 [The Washington Institute]- On October 29, during Saudi Arabia’s annual Futur... Read More
How will The Energy Sector Fare Under Donald Trump?
11.13.2024 - NEWS
November 13, 2024 [Investing Daily]- The energy sector experienced a notable boost following Dona... Read More
PNOC, Pertamina Partner on LNG Infrastructure, Supply Chain
11.13.2024 - NEWS
November 13, 2024 [Manila Bulletin]- State-run Philippine National Oil Company (PNOC) has signed ... Read More