History of the Terminal
After restoration of Lithuania's independence the funds for the reconstruction of the Terminal got stuck in Moscow's banks. However Terminal's activities acquired a new meaning - the necessity for an alternative oil product supply became urgent. In 1993 the Government of the Republic of Lithuania approved a proposal of the Ministries to make arrangements for reloading heavy and light oil products on the territory of Klaipeda State Oil Enterprise and gave permission to use the funds earned by the Enterprise for Terminal's reconstruction.
Stock Company Klaipedos Nafta was founded in 1994. Originally its name was Lithuanian and USA Joint Stock Company Klaipedos Nafta. After a change in the composition of shareholders the Company was renamed to SC Klaipedos Nafta.
The Company was entrusted the functions of reconstruction executive and later on in became operator of the new Terminal. Reconstruction of the oil Terminal started in 1995 with demolition of the old facilities and construction of a new object. the reconstruction carried out without stopping transshipment activities was completed on March 28, 2002. Furthermore, in the same year the harbour enrance channel at the jetties of SC Klaipedos Nafta was dredged down to 14 m thus enabling the Company to load tankers of 100,000 t capacity.
Today SC Klaipedos Nafta is one of the most modern Terminals in Europe. Experts of the famous Company British Petroleum trading in oil and oil products, who adhere to the standards of the European Union, have estimated positively the labour safety, environmental protection and fire prevention means of Klaipedos Nafta Terminal every year since 2001.