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Port of Yuzhny

Company

Enters into the three of the largest ports of Ukraine (2012).

Content

The port of Yuzhny is the non-freezing deep-water sea trade port on Small Adzhalyksk (Grigoryevsk) the estuary in a northwest part of the Black Sea, in 30 km to the east from the city of Odessa. To the navigable route of the sea it is connected by the approach channel, its depth of 14 m, width on a bottom of 180 m, length of 3.3 km. It is protected from the sea by two paralellny piers (east and western) which serve for decrease in a zanosimost of the channel.

For 2012 the port is in state-owned property of Ukraine; the enterprise managing port is subordinated to the Ministry of Transport and Communications.

Performance Indicators

In 2011 the port reached the highest goods turnover — 22 million 639.1 thousand tons. Enters into the three of the largest ports of Ukraine on goods turnover together with the Odessa port and the port of Ilyichevsk. Along with the Odessa port plant is the city-forming enterprise of the city Southern.

Directions of cargo flows

Main directions of cargo flows: Black Sea and Mediterranean Basin, USA, Latin America, Middle East, Southeast Asia.

Nomenclature of loads

Bulk cargoes

Coal, pellet, ZhRK, different types of ores, cast iron in chushka, coke, a coke trifle, bauxites, iron ore briquettes, ferroalloys, grain and others.

General loads

Metal products and semi-finished products: square procurement, cold-rolled and hot-rolled steel rolls, rolled wire, an armature, slabs, the steel sheet in packaging and in bulk, other.

Chemical loads and fertilizers

Carbamide in bulk, ammonia, methanol, carbamide and ammoniac mix, azophoska (complex NPK fertilizer), ammonium nitrate, ammophos, rutile, magnesia, ammonium sulfate, phosphorite, potash (potassium carbonate) and others.

Vegetable oils

Crude palm oil, the refined bleached deodorized palm red oil.

Oil and oil products

Liquefied gas

In November, 2012 it became known that the head of the agency on investments of Ukraine Vladislav Kaskiv signed agreements on cooperation within the project of construction of the LNG terminal with the American company Excelerate Energy and the Spanish Gas Natural Fenosa. Along with agreement signature there took place the official ceremony of the beginning of construction of the first part of the national project "LNG terminal" - the pipeline which will connect the terminal to the gas transmission system of Ukraine.

Earlier it was reported that the foreign companies intend to supply the equipment for the LNG terminal in the port of Yuzhny in Odessa region. For acceptance of a liquefied gas it was supposed to place floating platform.

The project of the terminal was approved in August, 2012, and the feasibility statement was developed by the Spanish company Socoin entering into the Gas Natural Fenosa group at the beginning of 2012. Power of the terminal will be at the level of 10 billion cubic meters a year.

The share of the state in the project will make 25 percent, the rest will be provided by private companies among which were called Lazard investment fund, Conlan & Associates company and also Gazprombank. The cost of construction is 856 million euros. It is expected that the project will be put into operation at the end of 2015.

Ukraine intends to reduce significantly due to LNG import dependence on purchase of gas in Russia. In 2011 the country bought 44.8 billion cubic meters in the Russian Federation.

By words Kaskiva, the cost of gas which will be bought by Ukraine via the LNG terminal will be at least 20 percent lower than the Russian price. According to Interfax, it added that now Ukraine conducts negotiations with several potential suppliers at once and selects the best conditions and the prices[1].

Notes