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Roughly 4mln tons of Kazakh oil to be shipped through Azerbaijan this year

Oil&Gas Materials 4 June 2009 13:15 (UTC +04:00)

Azerbaijan, Baku, June 4 / Trend , E.Ismayilov/

The Kazakh oil from Tengiz field will be shipped via the oil terminal of the State Oil Company of the Azerbaijan Republic (SOCAR) in Kulevi on the Georgian coast of the Black Sea after completion dredging on the terminal, a source from oil transportation market said.

Tengiz oil is transported via railway through the Georgian port of Batumi and the Baku-Tbilisi-Ceyhan pipeline in a stable volume. The volume of shipped oil through Azerbaijan will reach 4 million tons before the end of the year.

Azerbaijani oil terminal on the Georgian coast of the Black Sea in Kulevi will be technically prepared to receive huge capacity tankers in the end of July, head of the Black Sea terminal Kerim Guliyev said earlier.

About 800,000 tons of soil out of the initially planned 2.2 million tons has been picked. The dredging will be completed before the end of the month.

The oil terminal on the Black Sea ships averagely 180,000-200,000 tons of oil-loading cargo monthly. Guliyev did not say volumes of oil-loading cargo via the terminal this year.

Head of the Kazakh company KazMunayGaz Kairgaldi Kabyldin said earlier that about 5 million tons of Kazakh oil would be shipped through the territory of Azerbaijan, out of which 3 million would account for Tengiz oil.

In 2008, ChevronTexaco began shipping oil from the Kazakh Tengiz field via Azerbaijan. The oil is transported through BTC and by railway to the Georgian ports of Batumi and Kulevi.The ChevronTexaco-operated Tengiz field is developed by Tengizchevroil.

The State Oil Company of the Azerbaijan Republic (SOCAR) owns an oil terminal in Georgia's Kulevi Port on the Black Sea and KazMunayGaz owns an oil terminal in Batumi.

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