KZTO 817,99 (-0,00%)
Shares of KazTransOil JSC (KASE) 817,99 (-0,00%)

«Batumi Oil Terminal» LLC

General information

Since August 22, 2017, «KazTransOil» JSC has owned a 100% package of share in Batumi Oil Terminal Ltd (hereinafter – BOT), through which direct ownership and management of production assets in Georgia is carried out. Batumi Oil Terminal Ltd has exclusive rights to manage a 100% package of share in LLC «Batumi Sea Port», owned by the State (Georgia).

HISTORY

In 2008, Black Sea Maritime Limited, Caucasus Maritime Limited, Batumi Port Holdings Limited, Alegratrans Overseas Limited, Dakino Investments Limited, Rodio Investments Limited, Port Capital Partners Limited were liquidated.
In June 2013, Batumi Holding N.V. was liquidated.

On December 23, 2013, the main stage of the reorganization of Batumi Industrial Holdings Limited, Batumi Capital Partners Limited, and Batumi Services Limited companies through their merger with Batumi Terminals Limited was completed.

On December 31, 2015, KCP Finance B.V. was liquidated.

Based on the results of the aforementioned reorganization of companies, a group of «Batumi Terminals Limited» companies was established, which included 4 companies: Batumi Terminals Limited (BTL, Cyprus), Batumi Oil Terminal (Georgia), which is the assignee of exclusive rights to the management of a 100% stake in «Batumi Sea Port» LLC, owned by the state (Georgia), Petrotrans Limited (British Virgin Islands).

Beginning from October 2015, to reduce management levels, «KazTransOil» JSC was undertaking the reorganization of the BTL group with the simultaneous liquidation of BTL. As part of the liquidation process of BTL in March 2017, «KazTransOil» JSC started directly owning 100% of Petrotrans Limited shares.

On June 28, 2017 BTL was liquidated.

Due to the liquidation of BTL on August 22, 2017 registration changes were made in the Register of Entrepreneurs and Non-Business (Non-Commercial) Legal Entities of the National Agency of the Public Registry of the Ministry of Justice of Georgia, according to which the owner of «Batumi Oil Terminal» LLC is currently «KazTransOil» JSC.

authority

General meeting 

Supervisory Board:
  • Chairman: Erik Sagiyev, Deputy General Director for Transportation of «KazTransOil» JSC
Members of the Supervisory Board of BOT:
  • Temirkhan Abdirov, Deputy General Director for Production of «KazTransOil» JSC;  
  • Zhaidarman Issakov, Managing Director for Legal Affairs of «KazTransOil» JSC
  Executive authority of the BOT – General Director: Tashibayev Farkhat

PRODUCTION AND FINANCIAL INDICATORS
 
2018 2019 2020 2021 2022 2023
Volume of transshipment and transportation, ths. tons. 1 030 857 1 051 1 324 1 927 1 574
Revenue, mln KZT 9 365 8 188 10 644 11 831 18 002 19 809
Total profit, mln KZT -4 573 -12 436 -327 2 472 7 987 1 360

Sphere of activity

Provision of services for transshipment, transportation, forwarding, purchase and sale of oil, petroleum products and gas, as well as products of their processing (hereinafter – cargo):
  • discharge or filling of cargo from tankers or into tankers;
  • cargo transfer through berths and technological pipelines;
  • cargo storage in tanks;
  • transfer of cargo from tanks to car-and car-tanks through automobile and railway overpasses and vice versa.

Address

6000, Georgia, Batumi, Saint Severian Adjareli street No.4g
Telephone: +995 422 27 60 06
The Company does not have any obligation to provide interested persons the documents legally translated into English or any other language. Documents posted on the website in English, are not legal translation.

Site users must use the translated documents only to get an idea about the content of the Company approved documents placed on the website in Kazakh and / or Russian.

The Company shall not be held responsible for the correctness of the findings of the person concerned as to the correctness and completeness of the translation of documents into English, as well as conclusions on the rights of the person concerned and / or obligations of the Company, made on the basis of the documents posted on the website in English.
Partners