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GUNVOR GETS $110 MILLION LOAN FACILITY FOR RUSSIAN OIL TERMINAL

     (The following press release from Gunvor was received by e-mail. The 
sender verified the statement.) 
GENEVA | 22 JANUARY 2013 
Gunvor Completes Financing to Support Novorossiysk Fuel Oil Terminal 
LLC Novorossiysk Fuel Oil Terminal ("NFT"), which is jointly owned by Gunvor 
Group ("Gunvor") and PJSC Novorossiysk Commercial Sea Port ("NCSP"), has 
successfully closed a secured 7-year USD $110 million credit facility (the 
"Facility") from ZAO Raiffeisenbank. 
The proceeds will refinance shareholder loans used to construct the fuel oil 
terminal and infrastructure, including tanks, rail-car discharging racks, and 
pipeline. 
The fuel oil terminal, which has a capacity of 119,000 m3 and a throughput of 4 
million tons a year, was successfully commissioned and received an operating 
permit in 2012. 
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_____________________
Seth Thomas Pietras
Communications Director
Gunvor Group Ltd
Mobile: +41 79 870 6290
Twitter: @Gunvor
 
 
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