Transbunker Group of Companies to invest $100 million into a new bunkering complex in Taman
Transbunker Group of Companies (Moscow) intends to invest about $100 million into a new project for construction of a bunkering complex in Taman port (Sea of Azov, Krasnodar Territory), Grigorij Gaidukov, Vice-President of Transbunker GC reported to PortNews IAA. According to Gaidukov, the complex is to include mini-refinery for production of bunkering fuel (annual capacity of 1 million tons) and a sea terminal able to transship 1.5 million tons of oil products annually. The construction is to take 2.5-3 years. Transbunker GC plans to start construction within 1-1.5 years. According to Transbunker's estimations, the capacity of the future terminal will make about 30% of the demand for bunkering fuel within water areas of the Black and Azov Seas. Besides oil products transshipment in Taman, GC intends to supply bunkering fuel to the ports of Ukraine. According to Gaidukov, investment agreement on construction of a bunkering complex was signed between Transbunker GC and Krasnodar Territory Administration. Having coordinated the declaration of intensions GC is to start development of design estimate documentation.