TBILISI (AFX) – Georgia’s Batumi oil terminal has declared force majeure because of a blockade that is severely hampering oil exports from the Caspian Sea region, authorities said. Batumi’s Western-owned oil terminal loads 9 million tonnes of oil and oil products from Azerbiajan, Kazakhstan and Turkmenistan a year. Georgia’s President Mikhail Saakashvili this week ordered…
GEORGIA: Batumi oil terminal declares force majeure in blockade
Posted on March 23, 2004 by EnergyAsia