Under the ruling of the Batumi City Court dated June 12, 2015 the Act of Reconciliation dated April 23, 2015 between Batumi Oil Terminal, on the one hand, and Vibro Diagnostik branch of the foreign company, on the other hand, was approved.
Under the ruling of the Tbilisi City Court dated July 13, 2015 the Act of Reconciliation dated April 23, 2015 between Batumi Oil Terminal, Batumi Terminals Limited, Petrotrans Limited, on the one hand, and Vibro Diagnostik branch of the foreign company, as well as Libra Trading FZC, on the other hand, was approved. In addition, under this court ruling the lien put on 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, was lifted.
On July 22, 2015 based on this Tbilisi City Court ruling National Agency of Public Registry of Ministry of Justice of Georgia lifted the lien put on the abovementioned property.
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«KazTransOil» JSC is the national operator of the Republic of Kazakhstan on the main oil pipeline. The company manages a network of main oil pipelines stretching over 5 thousand km and water pipelines over 2 thousand km long, and provides job for over 8 thousand people.
Press Service
«KazTransOil» JSC
