Azerbaijani state oil company SOCAR is looking to build a new storage at its Kulevi oil terminal, on Georgia’s Black Sea coast. The terminal told local media that the Kulevi terminal’s management is constantly reviewing the possibility to expand oil transhipment to boost its competitiveness in the region.
At the suggestion of the terminal, SOCAR’s Oil and Gas Research and Design Institute developed a project to build an additional depot. The capacity of the complex for receiving, storing and loading various oil products, such as gasoline, naphtha, diesel, jet fuel and others, stands at 1.5 million tonnes a year.
It would involve the construction of five reservoirs with a total capacity of 70,000 cbm, and include a two-way railway overpass for simultaneous loading and unloading of tank cars.
The Kulevi terminal in Georgia was commissioned in May 2008, and the transhipment of oil products began in June. Its total capacity stands at 10 million tonnes of oil a year, including three million tonnes of oil, three million tonnes of diesel, and four million tonnes of mazut.
The total capacity of the tank farm in the terminal stands at 320,000 cubic meters with the possibility of increasing to 380,000 cubic meters.