Batumi oil terminal tranships 4,477,000 tons of oil and liquefied gas first 9 months, 2009
The volume of oil and liquefied gas transhipment at the Batumi terminal amounted to 4,476,802 tons within the first 9 months, 2009. The total volume of the cargo transhipped amounted to 3,607,806 tons of oil, 796,386 tons of oil products and 72,610 tons of liquefied gas within the indicated period.
As per Business Georgia, LLC Batumi Oil Terminal LTD providing services on oil and oil products transhipment at the terminal has increased its shipment volumes due to Kazakhstani oil involvement within the reporting period.
Most part of transhipment volume falls on the oil from Tengiz production field. TengizShevroil Company signed a long-term contract with the Batumi oil terminal and started to ship oil since November 2008 having thus increased the volume of Kazakhstani oil transported through Georgia.
In February, 2008 JC KazTransOil (subsidiary enterprise of JC NK KazMunaiGas) acquired 100% stock of shares of Batumi Industrial Holdings Limited. LLC Batumi Oil Terminal LTD is one of its main production units.