Under the ruling of the Tbilisi City Court dated February 20, 2015 «On partial approval of actions on securing a claim before commencement of a claim,» following the claims of the customers of Batumi Oil Terminal, the 100% share of Batumi Terminals Limited, Cyprus in Batumi Oil Terminal, Georgia, the exclusive right of Batumi Oil Terminal to manage the 100% share of Batumi Sea Port, Georgia and the immovable property of Batumi Oil Terminal were arrested.
The arrest was imposed as a measure to secure the claim of the clients of Batumi Oil Terminal, the subject of which covers the issues related to the dominant position of Batumi Oil Terminal in the market of oil and oil products throughput, including forming tariffs for such kind of services. At the same time, this seizure does not affect the ongoing production and economic activity of Batumi Oil Terminal, which is rolling in the ordinary course.
Press Service of «KazTransOil» JSC
