Batumi Oil Terminal to achieve 2011 volumes in 2012
TBILISI. Dec 3 (Interfax) - LLC Batumi Oil Terminal, a major Georgian transit terminal that handles international oil and petroleum product cargo from Kazakhstan, Azerbaijan and Turkmenistan, plans to achieve the same shipment volumes in 2012 as it did in 2011, the company told Interfax.
Batumi Oil Terminal said 4.81 million tonnes of oil and petroleum products were shipped via the terminal in January-November 2012, 0.4% down on the same period of 2011. Transportation increased 18.4% in October-November to 1.01 million tonnes.
Transit if crude oil amounted to 3.59 million tonnes in the 11 months, down 6.8%.
While transportation of petroleum products increased with gasoline up 19.3% to 238,600 tonnes, diesel fuel up 24.9% to 136,300 tonnes and aviation kerosene up 6.3% to 30,500 tonnes.
The terminal transported 68,000 tonnes of naphtha, up 170%, 215,200 tonnes of other light petroleum products (up 45.8%) and 441,100 tonnes of fuel oil (up 21.5%). Transportation of liquefied gas fell 12.3% to 90,900 tonnes.
Shipments of oil and petroleum products, which arrive to Batumi by rail, mostly from Kazakhstan, Azerbaijan and Turkmenistan, were down 12.4% year-on-year in 2011 at 5.35 million tonnes.
KazTransOil, a subsidiary of national oil and gas company KazMunaiGaz, owns the Batumi Oil Terminal. It bought its assets in February 2008 as well as the right to manage Batumi Sea Port from international investment group Greenoak Holdings.
