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
Food and raw materials are becoming more expensive faster than expected, despite cheaper imports
Gojo&Company Sees Long-Term Potential in the Georgian Economy and Financial Sector
Revenue from foreign visitors may break historical record as early as 2026
Deposits of the population and businesses are growing at double-digit rates, despite a decrease in term deposits
The Monitoring Service oversees electric scooters and compliance with the rules
Vaziani will accommodate four times more passengers than the current airport
Two stations in the city are preparing for major repairs
Fines will be reinstated in case of violations
Until March 15, 2026
Cars accounted for 90% of all Georgian supplies to Tajikistan
The terms of reference are ready
This is an analogue of the American DOGE
