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

In December the subsidiary company of KazTransOil JSC in Georgia will increase the transshipment of Kazakhstani fuel oil for 30%

 20.12.2023    794

 Batumi Oil Terminal LLC (100% participation share KazTransOil JSC) plans to increase the volume of transshipment of Kazakh fuel oil through the Batumi oil terminal to 90 thousand tons per month in December 2023, which is 30% more than the average monthly volume for 11 months of 2023.

Attracting additional volumes of transshipment of Kazakh fuel oil through the Batumi oil terminal is due to the use of differentiated tariff rates depending on the volume of transshipment.

In January-November 2023, the total volume of transshipment of dark oil products through the Batumi oil terminal amounted to 682 thousand tons, including 443 thousand tons of fuel oil of Kazakhstan origin.

The technical capabilities of the Batumi oil terminal make it possible to ship up to 1.5-2 million tons of fuel oil per year.

KazTransOil JSC directly owns and manages production assets in Georgia through Batumi Oil Terminal LLC (BOT). BOT provides services for transhipment, pumping, storage of oil, petroleum products and gas, as well as their processed products using its own berths, process pipelines and tanks. The competitive advantage of BOT is its flexibility in storing and transshipping various types of oil and petroleum products (including liquefied petroleum gas).

Categories: Press releases
Reaction:
Partners