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Jan-June oil shipments from Georgia’s Batumi down 47 pct yr/yr

Tuesday, 03 July 2018 | 12:00

Oil and oil-related shipments from Georgia’s Black Sea port of Batumi fell 46.7 percent in the first half of 2018 from a year earlier, an official at the KazMunaiGas operated terminal said.

Some crude oil has been rerouted to the Baku-Tbilisi-Ceyhan pipeline and to the Caspian Pipeline Consortium this year, the official added, while some fuel oil has been sent to the port of Taman in Russia and Georgia’s other Black Sea port of Kulevi.

January-June shipments of crude oil and refined oil products from Batumi totalled 622,392 tonnes, down from 1.166 million tonnes in the same period last year, said the official, who asked not to be identified.

In June alone, overall shipments were 127,207 tonnes, compared with 79,571 tonnes the previous month and 144,016 tonnes in June last year.

There were no shipments of jet fuel and naphtha last month.

Shipments of crude oil and refined oil products from Batumi totalled 2.109 million tonnes in 2017, down from 3.377 million in 2016.

Crude and refined oil products from Azerbaijan, Kazakhstan and Turkmenistan are shipped out of Georgia’s Black Sea ports of Batumi, Supsa, Poti and a terminal in Kulevi.

Some products are transported across the Caspian Sea in small tankers, unloaded in the Azeri port of Baku and then sent by rail to Georgian ports for export to the Mediterranean.
Source: Reuters (Reporting by Margarita Antidze; Editing by Louise Heavens)

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