Kulevi

The Kulevi Oil Terminal project was originally authorised by president Shevardnadze's decree on September 8, 1999[3]. Subsequently, the construction began near the village of Kulevi by Terminal 2000 Ltd, a partnership created between Argomar Oil Ltd and Georgian Railway[4]. In late 2002 though, the project was put on hold, due to environmental concerns and insufficient funds[5]. Construction resumed in September 2004 under an international consortium of investors led by a Georgian business tycoon Badri Patarkatsishvili[4]. Two years later Badri Patarkatsishvili sold his stake in Kulevi Terminal, then still under construction, to the State Oil Company of Azerbaijan (SOCAR) for an undisclosed sum of money[6].
The terminal was complete by November 2007 and was officially opened on May 16, 2008[7]. SOCAR plans to increase the capacity of the terminal to 20 million tons annually. That would make Kulevi the largest oil terminal in South Caucasus[8].