AGP Executive Report
Last update: 8 hours agoEnergy & Infrastructure: BP has transferred operatorship of the Baku–Tbilisi–Ceyhan (BTC) oil pipeline to Azerbaijan’s SOCAR, effective July 1, with SOCAR Midstream Operations taking over all three transit sections across Azerbaijan, Georgia and Türkiye; the handover keeps the BTC Co shareholding unchanged, while BP retains operatorship of the Sangachal terminal land complex. Transport Planning: Tbilisi has launched an international tender to study the feasibility of a new railway corridor linking the capital with Mtskheta, Rustavi, the airport and eastern districts. Ports & Trade: InterpressNews visited Batumi Oil Terminal and Batumi Seaport, highlighting their role in connecting the Caspian region and Central Asia to Black Sea and European markets via the Middle Corridor, with 619,000 tons of liquid cargo handled in Jan–May 2026. Regional Business: Georgia and Uzbekistan are set to deepen economic ties at a business forum ahead of President Mirziyoyev’s visit, with a one-year roadmap on trade, transport, logistics, hospitality and investment. US-Georgia Partnership: Georgian PM Kobakhidze marked the US Independence Day reception by calling for a relaunch of the strategic partnership with a concrete roadmap.
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