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Dear friends!  

It is a great honour for me to greet you on behalf of the shareholders and the staff of Petersburg Oil Terminal on our website.  

Today, summing up the operational results of the Terminal in 2017, we address our Clients with the words of gratitude for the confidence vested and the opportunity to be a reliable partner in providing services of acceptance and shipment of petroleum products for export and to the internal market. 

We also express our gratitude for the support of our work and efficient collaboration of our colleagues - the employees and head executives of Ministry of Transport, Ministry of Energy, Russian Railways, Big Port of Saint-Petersburg, Ministry of Internal Affairs and Federal Security Service of the Russian Federation, as well as our partners – the major banks of the region. 

Owing to our well-coordinated work during the past year, the terminal's cargo turnover, despite the difficult economic conditions, exceeded 6.4 million tons, which surpasses the figure of 2016 by 19%. 

I am pleased to emphasize that the Terminal has proved once again that it is a reliable and stable logistics centre in the North-West of Russia, with the capacities securing continuous supply of petroleum products day and night. 

 I would like to note that the investments in the development of the Terminal (equivalent to more than $ 200 million), made by the shareholders since 1997, are a good example of transformation and progressive development of the Soviet Union's heritage into an advanced industrial complex operating in the interests of the strategically important sectors of the present-day Russia and providing stable tax revenues to the state.  

I express confidence that the staff of the Terminal and its shareholders will continue the work aimed at modernization of our manufacturing base, for further improvement of the quality of the services provided to you, our Clients!  

The shareholders of the Terminal are convinced of further development of the enterprise, are proud of the team of like-minded people created within many years, of which I am a part, according to my firm belief. 

We shall be able to meet new challenges together as proper! 

Yours Sincerely, 
Mikhail Skigin, 
Chairman of the Board of Directors of 
Petersburg Oil Terminal 
Joint-Stock Company