The state oil company of Azerbaijan (Socar) began trans-shipment of oil and oil products from mid-May at a new terminal on Georgia's Black Sea coast.
The Azeri state company plans to trans-ship oil, diesel fuel and mazut through the terminal.
In the first stage, Socar plans to ship 5 million tonnes of oil and oil products a year through the terminal. In one to two years, the company intends to increase capacity to 10 million tonnes.
Socar bought the Kulevi terminal two years ago from Georgian businessman Badri Patarkatsishvili, who died suddenly in London this year.
Socar Energy Georgia has already invested $380 million (246 million) in Georgia, mainly on the purchase of the terminal and completion of construction work.
This year Socar aims to invest another $100 million in Georgia to build oil storage facilities, a new office in the capital Tbilisi and to implement other projects. Socar Energy Georgia also plans to open 15 petrol stations in Georgia within two months.