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Baku sea port reduces oil cargo transshipment by 20%

Oil&Gas Materials 14 January 2015 18:02 (UTC +04:00)

Baku, Azerbaijan, Jan.14

By Emil Ismayilov - Trend:

Baku International Sea Trade Port transshipped nearly 1.04 million metric tons of oil cargo in Jan.-Nov. 2014, which is 20 percent less than in the same period of 2013, a source at Baku sea port told Trend.

The port transshipped over 1.41 million metric tons of oil cargo in 2013, which is one percent more than in the same period of 2012.

Baku International Sea Trade Port, founded in 1902, has sea trade relations with Caspian Sea countries and has access to the world markets through the Volga-Don and Volga-Baltic waterways.

It serves as a link in the transport chain linking the Georgian ports in the Black Sea with Central Asian countries, and is a major transportation hub in the Europe-Caucasus-Asia corridor.

The port has the capacity to process up to 10 million metric tons of bulk cargo and up to 9-10 million metric tons of general cargo.

Edited by SI

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