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Aktau reduces oil unloads in the I quarter

Oil&Gas Materials 7 April 2006 17:49 (UTC +04:00)

The Kazakh Caspian port, Aktau has unloaded 2, 267m tons of oil loads in the first quarter of 2006 which is in 139,000 tons less than it did for the same period in 2005, the port representatives told Trend. The unloading reached 834,000 tons in March 2006, this is in 1,000 tons more than in March 2005.

The port` s carrying capacity is currently more than 11m tons oil products a year. The port has been officially put into exploitation in September 1999.

The Kazakh government can allocate from the budget or loan up to $58m needed to step up the producing might of Aktau. The modernization project includes construction of 2 universal dry-cargo quay sides and an oil loading terminal. The project will allow to increase to total unload capacity of the port up to 15m tons a year and will cost $100m

8, 9m tons of oil products have been unloaded by Aktau in 2005, this is in 7% more than in 2004.

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