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SOCAR’s Black Sea oil terminal increases tanker shipping

Oil&Gas Materials 29 January 2015 17:08 (UTC +04:00)

Baku, Azerbaijan, Jan. 29

By Emil Ismayilov - Trend:

Around 170 tankers were shipped from SOCAR's Black Sea oil terminal in Kulevi (Georgia) in 2014 or by 22 percent more than in 2013, the port said.

The sudden change was observed in the second half of the year.

There was a substantial increase in the tanker shipping in 2014 when compared to the previous years. The terminal shipped 139 tankers in 2013 and 128 tankers in 2012.

SOCAR's terminal in Kulevi handled 17 million metric tons of bulk oil and chemical products from 2008 to late November 2014. Around 31.7 percent of the total volume of cargo handled by the terminal accounted for motor oil, 22.9 percent - oil, 39.9 percent - gas oil, 4.89 percent - diesel fuel with ultra low sulfur, while 0.45 percent accounted for such products as aviation kerosene, propylene and methanol.

The terminal in Georgia's Kulevi was commissioned in May 2008 and the oil transhipment started in June of the same year. The total capacity of the terminal is 10 million metric tons of bulk-oil cargo per year, three million metric tons of oil, three million metric tons of diesel fuel and four million metric tons of fuel oil.

The total capacity of the terminal's tank farm is 320,000 cubic meters with the possibility of reaching 380,000 cubic meters.

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Edited by CN

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