KazTransOil JSC reports that according to the requirements of the Georgian legislation on August 22, 2017, a registration change was made in the Register of Entrepreneurs and Non-Business (Non-Commercial) Legal Entities of the National Agency of the Public Register of the Ministry of Justice of Georgia, according to which the owner of Batumi Oil Terminal LLC in the present time is JSC KazTransOil.
These changes occurred as a result of voluntary liquidation on June 28, 2017 of the subsidiary company of KazTransOil JSC - Batumi Terminals Limited (Cyprus).
Earlier, JSC KazTransOil owned 100% of the shares of Batumi Terminals Limited, through which the ownership and management of production assets in Georgia - OOO Batumi Oil Terminal - was carried out.
LLC «Batumi Oil Terminal» has exclusive rights to manage 100% of shares of LLC «Batumi Sea Port».
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