is an oil products terminal operator located in Tallinn, Estonia.
[4] Pakterminal was established on 30 June 1992 as a joint venture of Paktank International (later part of Vopak) and N-Terminal, a company controlled by Estonian businessmen Endel Siff, Aadu Luukas and Anatoli Kanajev.
Shortly after the establishment of Pakterminal, the shareholding of N-Terminal was transferred to Trans-Kullo, another company controlled by Siff, Luukas and Kanajev.
Another shareholders of Trans-Kullo were Aleksander Denisoff, Vladimir Ossavolyuk and Igor Lepetukhin—Russian businessmen related to the Russian oil industry.
In 1994, a state-owned enterprise Eesti Kütus was reorganized and a separate company Esoil was established.
to another Cayman Islands company, Estonia Holding Ltd, controlled by Baltica Finance N.V., and El Paso Corporation which acquired Coastal Corporation in 2001, exit oil business in Estonia.
other terminal operators in Estonia like Pakterminal and Eurodek, as also Latvian Ventspils Nafta, and to list the company on the stock exchange.
[12] Later that year, N-Trans transferred its stake to its that time subsidiary Global Ports Investments.
operates four oil terminals in the Tallinn area in Estonia with a capacity of 1,051,800 cubic metres (37,140,000 cu ft).