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BLACK SEA PETROLEUM COMPLETES SHIFT TO NON-RUSSIAN CRUDE AT KULEVI

BSP ყულევი
Shota Tkeshelashvili
25.08.26 20:36
289

According to information obtained by BMG, Black Sea Petroleum (BSP) has started refining fully non-Russian-origin crude oil at its Kulevi Oil Refinery as of August 24, 2026.

According to a source, BSP has completed the process of replacing Russian-origin crude oil with alternative feedstock, and the Kulevi refinery is now operating exclusively on crude oil of non-Russian origin.

As previously reported, over the past two months the Kulevi Oil Refinery has been undergoing a feedstock diversification process announced by the refinery's owner, Black Sea Petroleum LLC.

As part of the diversification process, BSP began receiving Kazakh crude oil in July 2026. According to data published by Georgia's National Statistics Office.

In a statement issued in July, BSP said it expected to fully replace Russian crude oil during August. As part of the diversification process, the company expected additional volumes of crude oil from Kazakhstan, followed by imports of Libyan-origin crude oil.

BSP has a crude oil supply agreement with Libya covering the period through the end of 2027.

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