Middle East Economic Survey
KazMunaiGaz Buys Georgias Batumi Oil Terminal From Greenoak
Kazakhstans state energy company KazMunaiGaz has purchased Georgias Batumi Oil Terminal (BOT) from Greenoak Holdings and French bank BNP Paribas. The deal also includes Batumi Sea Port, which is under a long-term lease, and Greenoaks forwarding company Petrotrans. Greenoak said it would continue to manage all three companies under a management contract. The price of the deal...