Georgia Declining Oil Terminal Construction in Anaklia Port

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The oil traffic in Batumi and Kulevi terminals has shrunk, so there is no necessity to build another terminal, Georgians are sure.

Managers of the first Georgia’s deep sea port being under construction in a town called Anaklia (the region Samegrelo – Zemo Svaneti) have decided not to erect an oil terminal. This was reported by Financial Director the company Anaklia City Georgi Chugoshvili in his interview for Sputnik Georgia.
This decision was passed basing on analysis of the two oil terminals in the ports of Batumi (Adjaria) and Kulevi (Samegrelo – Zemo Svaneti). Earlier the GR Transit company’s Director David Chiradze had declared that in 2017 and 2018 the assured volume of oil coming in both terminals reduced from 4 to 3.4M t a year. The reason was that the companies transporting oil pumped it via the pipelines Baku – Tbilisi – Ceyhan and Baku – Tbilisi – Supsa.
“All the Azerbaijani oil has moved into the pipe since along with the oil prices decrease, its transfer by rail and ships has become less profitable… In the long term prospects we don’t see ourselves in this market”, said Mr Chugoshvili.
The construction of the first Georgian deep-sea port began in December 2017. It is provided by Anaklia Development Consortium established by the Georgian company TBC Holding and American developers Conti International LLC dealing with infrastructure and capital development ventures. The port’s general development plan was elaborated jointly with international consultants Maritime & Transport Business Solutions (MTBS).
It was the consortium to found the company Anaklia City for the port’s construction.
For the present phase, first land operations are virtually completed: a 2.5 km soil-reclamation canal and a pumping station are built, 110 hectares of fertile topsoil cut, the construction area cleared of buildings and hazardous wastes, 550 bank protection units removed.
The plan of Anaklia port construction and further development consists of nine phases. The first phase’s completion is scheduled on 2020. After that Anaklia’s throughput capacity will embrace 384,000 TEU per annum. Upon fulfilment of the final ninth phase the capacity should boost up to 6M TEU a year.
As it was reported earlier, Georgian port Anaklia is going to be included into Trans-Caspian Transport Corridor.

https://cfts.org.ua/news/2018/10/14/gruziya_otkazalas_ot_stroitelstva_neftyanogo_terminala_v_portu_anakliya_49962