SOCAR’s Black Sea oil terminal significantly increases transshipment
By Leman Zeynalova – Trend:
BAKU, Azerbaijan, Aug.13
Kulevi oil terminal of Azerbaijan’s state oil company SOCAR has significantly increased the volume of transshipment in the first six months of 2020, Trend reports citing the terminal’s website.
“In the first half of 2020, Kulevi Oil Terminal undertook close cooperation with SOCAR’s Marketing and Operations Department, working with customers to efficiently utilize the terminal’s storage and transshipment capacities, as well as mobilizing the company’s transshipment resources. As a result, Kulevi Oil Terminal increased transshipped volumes by 20 percent (based on dispatched volume) and 33 percent (based on the received products) in comparison with the same period of 2019,” reads the message on the terminal’s website.
The terminal is used for shipment of crude oil, fuel oil, diesel fuel, gas oil, methanol, aviation fuel, propylene, liquid pyrolysis resin, naphtha, isopropyl alcohol, diesel fuel with ultra-low sulfur content, industrial oil, and condensate.
The terminal in the Kulevi port was put into operation in May 2008, and the transshipment of oil products was launched in June. The total capacity of the terminal is 10 million tons of liquid bulk oil cargo per year, including three million tons of oil, three million tons of diesel fuel, and four million tons of fuel oil. The total capacity of the tank farm of the terminal is 402,000 cubic meters.
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