National Company KazMunayGaz (Kazakhstan) completes new LPG terminal at port of Midia
/KASE, December 10, 10/ - National Company KazMunayGaz (Astana), whose bonds are
officially listed on Kazakhstan Stock Exchange (KASE), has provided
to KASE the following press-release of December 10, 2010:
National Company KazMunayGaz announces it has completed the construction of a
new LPG terminal at the port of Midia which cost the company a total of
- The terminal is part of The Rompetrol Group's strategy aimed at increasing
export-import capacities of Petromidia platform. Fresh investment should help
cut by over 20% costs of dispatching LPG, and reduce delivery times, eventually
the number of linked operations will go down, - says A. Kairdenov, General
Manager of Rompetrol Rafinare.
The terminal for oil and LPG transshipment built at quay 9 of the port of Midia
belongs to Rompetrol Rafinare; its maximum throughput capacity makes up
3,000 tons with a direct connection to two LPG storage tanks (ca. 3,600 cubic
metres) at the oil refinery in place.
The quay's modernization has boosted its transshipment capacity by 350% (from
90,000 to 310,000 tons/month) enabling comfortable mooring for vessels with
dead-weights as much as 10,000 tons and tank barges (2,000 tons).
- Midia Sea Terminal is to run the terminal supporting in that way The Rompetrol
Group's ambitions to create an LPG distribution network capable of covering
household needs as well as demands from transport in Romania and Moldova, -
added A. Kairdenov.
Information and PR Department
The Rompetrol Group
National Company KazMunayGaz
Republic of Kazakhstan, 010000, Astana, Kabanbai batyr blvd., 19
tel. +7 7172 976340, fax: +7 7172 976329