MINISTRY OF INFRASTRUCTURE OF UKRAINE

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«SINTEZ OIL» PJSC

The «Sintez Oil» company is one of the first enterprises carrying out joint activities with the Odesa Commercial Sea Port. The company was founded in 1992 with 100% of foreign participation. The main activity was the providing of services for the transportation and transshipment of oil, oil products and liquefied gases to tankers. In August 1996, «Sintez Oil» entered into a lease agreement with the Odesa Commercial Sea Port, providing the reconstruction of the leased property in coordination with the port. During the operation and under the lease agreement «Sintez Oil» has reconstructed the berths No. 2N, No. 3N and No. 4N as well as the ballast water treatment systems (BWTS). The reconstruction was completed by the beginning of 2001.

 

Due to the reconstruction of the production infrastructure of the oil harbor, the terminal throughput capacity has increased and the environmental situation has significantly improved.

 

Modern technologies and equipment used in handling operations, new hydraulic facilities allowed «Sintez Oil» to obtain the terminal accreditation by international trading organizations and attract new cargo flows. More than 20 mln tons of oil and oil products were handled annually in the period 2002-2003 in the oil harbor that amounts to more than 50% of the Odesa seaport cargo traffic.

 

In 2001-2006 the berths No.5 (length is 240 m, depth is 11.5 m) and - together with the port - berth No.7 were reconstructed, about 20 million dol. invested.

 

In 2005 the financial and industrial group “Privat” became the founder of «Sintez Oil». The main cargo flows transshipped through the berths of the joint activity are oil coming by rail from Kazakhstan, oil imported from Azerbaijan, transit oil from Venezuela, for Belarusian oil refineries, Russian fuel oil, as well as liquefied gas.