Middle East Economic Survey

VOL. XLVIII

No 52

26-December-2005

CASPIAN

MEES Agenda

Batumi Gains Stature As Caspian Oil And Products Transshipment Terminal

Georgias Black Sea oil export terminal at Batumi has seen a busy year during 2005, the result of an increase in production at Azerbaijans offshore Chirag and Central Azeri oilfields. Transshipments during the first quarter of 2006 are expected to remain buoyant until the Baku-Tbilisi-Ceyhan pipeline comes into operation. But even without a large...