In 2026, SOCAR will begin work on expanding the Kulevi terminal on the Black Sea, Azerbaijani media reported, citing the company. In 2025, the terminal handled 2.2 million tons of oil, petroleum products, and oil and gas industry products.
The expansion includes the construction of four new tanks with a capacity of 20,000 m³ each. Work will begin this year, with the project scheduled for completion in mid-2027.
In addition, SOCAR intends to complete the selection of a concept for a new railway overpass and breakwater, as well as prepare a feasibility study for the construction of a third berth, which will increase the terminal's transshipment capacity and strengthen the company's position in the Black Sea market.
Now on home
By 2027, some crews will switch to Mercedes, BMW, Porsche, and Toyota
The project could start in 2-3 months after approval from the authorities
The works are still ongoing, but the subway is back to its normal schedule
This was stated by the head of Bybit
Previously, authorities planned to completely ban imports
They warned about the risks
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Most investments came from the UK, and investors are actively investing in finance, real estate, and transport
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Passenger traffic exceeded 8.5 million people