Black Sea Product to announce tender on new port construction in Georgia
Azerbaijan, Baku, April 5 / Trend E. Ismailov /
Black Sea Product Ltd. (BSP) will announce a tender on hydrotechnical installation construction as a part of a project to establish the largest port in the western Black Sea coast of Georgia in late June-early July, BSP Director, port owner Shalva Tsakadze told Trend over the phone.
Earlier, it was reported that the tender would be announced in February-March.
"The tender has not been announced yet," he said. "It will be announced in late June-early July."
"The work is underway to prepare the territory for construction," he said.
Tsakadze said earlier that the construction of the port, which will have a capacity of 40 million tons of cargo per year, will begin in 2014. The first vessels will go to harbor in late 2012.
The new port will be designed for the transshipment of oil-loading and liquefied gas freight.
The port will also transship containers and dry cargo. Less than half of the port's capacity will be designed for liquid freight transshipment, and the rest for container and dry cargo.
The port will be located in the center of the TRACECA transport corridor. The port's main advantage is the local water depth (18 meters), which will allow vessels to pass through the Bosporus.
Azerbaijani oil from the Azeri-Chirag-Guneshli fields is presently transported via the Baku-Supsa oil pipeline to Supsa. There, the oil is loaded onto tankers and sold to world markets.