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Global price reporting agency Argus held the 2nd Argus Caspian and Black Sea Transportation Corridor conference in Batumi, Georgia, on 16-17 September 2015.

The event was held with the support of the Autonomous Republic of Adjara and Georgian Railways and in partnership with Georgia Transit. Other partners and sponsors included; Petrocas Energy Group, Batumi Sea Port, Batumi Oil Terminal, Caspian Transit and GR Trans Line.

Over 130 delegates attended from 60 oil and shipping companies, refineries and fuel consumers from 16 countries.

“Development of the economy is the priority for the region, new communications help to expand business links and achieve our goals. I would like to thank the organizers for choosing Batumi to hold this conference,” Adjara government chairman Archil Khabadze said in his opening remarks. Batumi’s mayor Giorgi Ermakov also stressed the significance of Batumi as one of the first oil hubs in the world.

The first day focused on development prospects for the Azerbaijan-Georgia transportation corridor and new expansion and upgrade projects. Delegates also discussed tariff policy and cargo flows from central Asia to European markets. Another key issue was maintenance and expanding supplies through the Caspian and Black Sea transportation corridor.

Speakers included representatives from Georgia Transit, Petrocas Energy Group, Batumi Oil Terminal, Georgian Railway, Railway Marabda-Kartsakhi, KazTransOil, Kazmortransflot, Karvan Logistics, Rakia Georgia Free Industrial Zone, Tracia Trading, Maritime Transport Agency of Georgia and Ukrainian Sea Ports Authority.

On the second day participants visited the Batumi oil terminal owned by KazTransOil and Poti terminal operated by Petrocas Energy Group.

The conference ended with a formal dinner hosted by Georgia Transit.

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Argus Caspian Transportation

Argus Black Sea and Caspian Transportation Corridor