Capacity of berth in Midia Black Sea port triple increased

Kazakhstan, Astana, Oct. 9 /Trend D. Mukhtarov/

'Rompetrol Group' has introduced a number of projects for improvement of its transport and logistic infrastructure, the company reported to Trend on Tuesday.

"The company has completed construction of terminal for supply of oil in Black sea, has reached triple increase in transition capacity of oil products through ninth berth of Midia port and completed construction of terminal on import-export operations on liquid hydrocarbon gas," the company stated.

The senior vice president of Rompetrol group Azamat Jangulov reported in his inclusive interview to Trend, that the terminal on oil supply in Black sea is currently operating below its capacities.

"We are currently supplying the volume needed for processing at our 'Petromidia' refinery, which is 5 million tons, through our terminal in Black sea. Pumping speed of the pipe is the amount of transported oil, although capacity of the pipe itself is 24 million tons," Jangulov added.

However, in his words, this doesn't mean an ineffective use of new terminal's capacity.

"The volumes of Kazakh oil are transported to the plant, capacity of which has increased from 3.8 million tons to 5 million tons of Kazakh oil. But if we have other partners, and if Romanian government will be interested in using our terminal, we have respective base and capacity," he noted.

Jangulov said the terminal in Black sea was constructed with joining of 'KazMunaiGas' oil company to Rompetrol 3 years ago.

"Possibilities of using our terminal in Black sea for transportation of oil for Constanta Trieste pipeline, which has been discussed previously. The pipeline could enable oil transportation bypassing Bosporus and Dardanelles. Moreover, the terminal capacity enables further development of pipeline project," Azamat Jangulov added.

In his words, the company's oil terminal is designed for accumulating of small amounts and transportation to large tankers.

The senior vice president of the company noted that the terminal receives tankers with capacity of 80 thousands as well as 140 thousands.

In his words, before construction of the terminal Rompetrol received oil at 'Petromidia' refinery through terminals in Constanta port.

"Since the launch of our own terminal in Black sea, we could reduce and optimate expenses on logistics. Thus, the savings amounted to $70 million, as we have transported 20 million tons of oil and saved $7 for each ton," Jangulov stated.

100 percent of Rompetrol Group N.V (TRG) company's shares are owned by 'KazMunaiGas' Kazakh state oil company.

Afghanistan asks Tajikistan to increase power supply
Afghanistan asks Tajikistan to increase power supply
EU would like new EPCA to enhance regional co-op in Central Asia
EU would like new EPCA to enhance regional co-op in Central Asia
Uzbekistan resumes work of customs post on border with Tajikistan
Uzbekistan resumes work of customs post on border with Tajikistan
Loading Bars
Latest
Int'l structures willing to cooperate for 'Green Energy Zone' in Azerbaijan's Karabakh (PHOTO)
Georgia reveals volume of electricity imported from Azerbaijan
Georgian Hualing Group implements new construction project
Georgia outstripping European preferences for innovations in some areas - MasterCard
Afghanistan always supports Azerbaijan in its just cause - Ambassador
Azerbaijani, Finnish FMs discuss latest situation in region
Whole world to see rapid economic recovery in Azerbaijan's liberated lands - Russian MP
Azerbaijani, Russian FMs exchange views on tasks of Jan. 11 joint statement
Georgian Enguri HPP rehabilitation project carried out with support of EBRD and EU
President of Georgia, NATO Secretary-General to meet in Brussels
How can leaders of Muslim countries be friends with country that destroyed mosques? - President Aliyev
President Aliyev presented Holy Quran to Saatli Mosque
In near future, we will ensure restoration of Shusha in planned manner - President of Azerbaijan
Despite all pressures, phone calls and threats, I said that we would go to end - President Aliyev
I have come to Shusha using the victory road - President Aliyev
Great return begins, all work has begun - President of Azerbaijan
Uzbekistan, Tajikistan resume regular flights
Azerbaijan sees growth trend in car insurance segment
Azerbaijan’s PASHA Bank ends 2020 with big profit
Wells Fargo profit beats Wall Street estimates as credit costs fall
Citigroup quarterly profit beats estimates as loan loss provisions slow
OSCE Chairperson-in-Office appoints Special Representative for South Caucasus
Parliament's plan on steel sector to damage Iran's exports - Steel Producers Association
Azerbaijan announces starting date for COVID-19 vaccination
Port of Baku starts cooperating with Belgium-based int'l training center
Azerbaijani ombudsman visits persons detained during anti-terror operations in liberated lands
Most of Uzbekistan’s population to be provided with COVID-19 vaccine
International DOPPELMAYR to finish construction of Georgian ropeway
Demand for marble products of plant in Turkmenistan’s Akhal region increased
Azerbaijan shows video footage from Gasimli village of Aghdam district (PHOTO/VIDEO)
Uzbekistan reconstructs number of water supply and sewerage networks Bukhara region in 2020
Azerbaijan discloses amount of compensation paid to depositors of closed banks
New gas compressor station put into operation in Turkmenistan
Jewelry production plant launched in Uzbekistan’s Tashkent
Georgia sees increase in subsistence minimum
Establishing Nakhchivan corridor will add new artery to Middle Corridor - AIR Center
Georgian citizens to have high-quality COVID-19 vaccines
Azerbaijan confirms 494 more COVID-19 recoveries
First Vice-President Mehriban Aliyeva: I am very happy to be in our liberated ancient city of Shusha (PHOTO/VIDEO)
Karabakh regional branch of Regional Development Public Association to operate in Shusha
Azerbaijan, Pakistan discuss prospects for development of military co-op
Azerbaijan's 11M2020 expenses for importing EU goods up
BMW aims to double fully-electric vehicle sales in 2021
Embassy of India organizes online business meeting to promote Indian Basmati rice (PHOTO)
Askar Mamin reappointed Kazakhstan's prime minister
Azerbaijani wagon washing station shows record performance following automation (PHOTO)
Azerbaijan reveals number of vessels repaired at 'Bibiheybat' Shipyard in 2020
Schoolchildren gain their first achievement in 2021 with Azercell’s support
Azerbaijan’s import of fruits, nuts down in 2020
FAO supports Uzbekistan’s Kashkadarya region during COVID-19 pandemic
Azerbaijani president, first lady visit building of executive power, house-museum of Bulbul in Shusha
Kazakhstan decreases goods import from Austria amid COVID-19
MP suggests Iran obtains its frozen assets in S.Korea via essential goods
CISCO increases number of services to be automated in Azerbaijan
Ukraine excludes Azerbaijan from list of dangerous countries due to COVID-19
Azerbaijani big bank’s capital up as of 2020
Passenger transport volumes plummet in Kazakhstan in 2020
WHO summarizes results of activities in Turkmenistan for 2020
Oil demand to be over 100 million b/d again by late 2022
Kazakhstan's Aktau port opens tender to buy accumulators
Fuel imports up in 2020 in Georgia
Iran plans to raise mortgage rate
EU, UNDP aim to help Georgian Bioars company in installing solar panels
UK economy pushed into reverse by November lockdown
Nearly 60,000 have fled Central African Republic violence - U.N
Azerbaijan's Ministry of Economy to contribute to turning Karabakh into prosperous region
Azerbaijani FM meets with ICESCO Director General
First quarter of 2021 to be characterized by downward tendencies in Georgia - Cushman & Wakefield
Kazakhstan launches manufacturing of fuel characterized by record low freezing point
PASTPRESENTFUTURE solo-show of Azerbaijani Aida Mahmudova presented in New York (PHOTO)
Iran shares details on Chinese bitcoin farm in Kerman province
Azerbaijan reveals electricity production data for 2020
Azerbaijan raises electricity generation at thermal power plants in 2020
Azerbaijani leading bank’s total assets up
Iran's power plants have sustainable condition for power generation
Iraq seeks Iran's investments in car manufacturing sector - Chamber of Commerce
Energy price inflation to see sharp rise in H12021
Azerbaijani manat significantly undervalued against US dollar, study finds
Precious metal prices up in Azerbaijan
Demand for foreign currency from individuals in Uzbekistan rises in 2020
Azerbaijan reveals data on sales through Azexport portal
Turkmen greenhouse complex names volumes of tomato production
Belarus issues 2020 data on oil import from Azerbaijan
State Fire Service of Azerbaijani MES starts work in Khanlyg village of Gubadli district
Azerbaijan preparing to build memorial complex, museum devoted to Second Karabakh war (PHOTO/VIDEO)
Georgia leads in contactless payments penetration - MasterCard
Turkmenistan to start producing finely ground sulfur
Baku Stock Exchange holds auction on placement of short-term notes of CBA
Number of newly created enterprises down in Uzbekistan
Azerbaijan gains more revenues from ferrous metal exports in 11M2020
Azerbaijan shows video footage from Boyuk Marjanli village of Jabrayil district (PHOTO/VIDEO)
Azerbaijan's President Ilham Aliyev forming new economic map of region
Azerbaijan's medical authority talks effectiveness of Sinovac vaccine
President Ilham Aliyev and First Lady Mehriban Aliyeva visit Jydyr Duzu (PHOTO)
EDB announces investment portfolio figures for 2020
FMs of Russia and Iran to discuss situation around Nagorno-Karabakh
Azerbaijani President Ilham Aliyev and First Lady Mehriban Aliyeva visit mosque in Shusha (PHOTO)
Monuments of famous Azerbaijani personalities restored in Shusha (PHOTOS)
ADB appoints new head for Central and West Asia Regional Dept
President Ilham Aliyev raises Azerbaijani flag in Shusha (PHOTOS)
All news