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Georgia's Batumi Port Posts 31 pct Fall in Jan-Feb oil Shipments

Georgia’s Batumi Port Posts 31 pct Fall in Jan-Feb oil Shipments

Shipments of crude and refined oil products from Georgia’s Black Sea port of Batumi fell 31.2 percent year-on-year to 399,858 tonnes in January-February from 581,589 tonnes a year earlier, a senior official at the terminal said on Thursday.

The terminal, operated by Kazakh state energy firm KazMunaiGas, shipped 3.377 million tonnes of oil and oil products last year, down from 3.616 million tonnes in 2015.

Shipments in February declined to 235,640 tonnes from 310,070 tonnes a year earlier, but were up from 164,218 tonnes in January, said the official, who asked not to be identified.

Crude and refined oil products from Azerbaijan, Kazakhstan and Turkmenistan are shipped out of Georgia’s Black Sea ports of Batumi, Supsa, Poti and the terminal in Kulevi.

Some products are shipped across the Caspian Sea in small tankers, unloaded in the Azeri port of Baku and then sent by rail to Georgian ports for export to the Mediterranean.

Source: timesofindia