Kulevi port in Georgia is due to double throughput capacity from the current 10 million tonnes/year to 20 million tpy by year-end 2011 thanks to a new project by State Oil Company of the Azerbaijan Republic (SOCAR)
The company will begin a major expansion of its oil export terminal at Kulevi on Georgias Black Sea coastline.
The expansion includes a single-point mooring buoy to handle tankers as large as 120,000 dwt, new offshore pipelines, a pump station, a control room, and expansion of rail capacity, Ilham Nasirov, MD for SOCAR of BTC-Azerbaijan, comments.
In related news reports last month came in that Kulevi Seaport inaugurated negotiations with Chevron about handling the oil it produces in Kazakhstan.
We are conducting intense negotiations with Chevron, Jani Katamadze, manager of Kulevi Seaport, says. If the negotiations end positively, Kazakh oil will be transported through the Kulevi oil terminal, Katamadze adds.
However Vagif Aliyev, head of the SOCAR investment management department and chairman of the Cross Caspians board, said in February that an oil transshipment contract had been signed by TengizChevroil and Cross Caspian. Aliyev said the contract was for oil transportation through Georgias ports of Batumi and Kulevi. At the time, Aliyev indicated that Kulevi would carry 4-5 million tonnes per year of Chevron oil.