On Friday 12 June the Working Group on Kherson Port Concession Agreement has approved its final text, as it was proclaimed by Minister of Infrastructure Vladyslav Kryklii.
“Kherson Port is a key sea port on the Dnipro having both motor road access and railway connection. We have successfully completed the draft concession agreement and are getting ready for its signing at an early date. Let’s recall that the concession tender winning company Risoil-Kherson is to invest about 300M UAH in the port development. Moreover, more than 18M UAH will be assigned for the local infrastructure”, noted Vladyslav Kryklii.
The same day as the above announced, on 15 June, the Working Group on Olvia Port Concession Agreement had its regular online session and finalised the wording of the corresponding concession agreement.
“The instrument to transfer the Olvia Port public assets into concession is ready for signing. We intend to perform this in presence of the Qatar State official delegation, whose company QTerminals has won the contest. Olvia is a concession project envisaging 3.4Bn UAH of investments in the port development which is going to positively effect on the infrastructure of both Mykolaiv city and the entire country”, further noted Minister.
Let’s remind you that Risoil-Kherson LLC is a consortium of Petro Oil & Chemicals (Georgia) affiliated to Georgian industrial Group, and a large Ukrainian port operator RISOIL S.A. (Switzerland).
Georgian industrial Group is one of the mightiest industrial groups in Georgia dealing with various fields focused on the energy sector (power production and sale, fuelling and natural gas sales) as well as commercial estate, construction materials and metal production.
RISOIL S.A. is incorporated in Switzerland and operates in Ukraine:
Risoil Terminal – the biggest in the Black Sea region export-import terminal handling Ukrainian edible oils and grains;
Risoil-Pivden – vegoil handling terminal in Pivdenny Port;
Rozdilna Elevator north of Odessa;
Marine Technical Centre – dedicated to rendering complex services concerned with transhipment of containers and dry bulk cargo.
The Qatari company QTerminals is a world renowned port operator managing the largest Qatar’s commercial port Hamad worth of over $7Bn.
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