The group of companies "Summa" has secured a contract for the construction of oil terminal at the port of Rotterdam, RIA Novosti reported, citing a Kremlin source.
According to the source the contract on the construction and operation of the facility will be signed today, October 20, 2011.
The project implementation will make the Rotterdam “open terminal” a major European logistics hub for shipments of Urals brand crude oil. This will help establish a competitive logistics chain of Russian crude deliveries by shuttle tankers to the FSO facility. The project details will be released after the signing ceremony.