Russia. A major vegoil handling hub may be built in Astrakhan region

Russia’s largest vegoil hub may be built in the special economic area ‘Lotos’ (Astrakhan region), reports UkrAgroConsult.

The project is meant to be implemented by the Transoil-Terminal company, whose admission to the special economic area is scheduled for as soon as August 2019. Then Transoil-Terminal is going to set up handling of vegetable oils at the Turkmen port of Turkmenbashi. The commodities will be supplies for both Turkmenistan itself and further transit to Uzbekistan, Pakistan and Afghanistan.

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Please be reminded that on September 5, UkrAgroConsult will host a major meeting point of the oilseed industry operators – the 7th International Conference “Black Sea Oil Trade-2019” in Hilton, Kyiv, Ukraine.

‘Black Sea Oil Trade’ conference annually brings together key players of the global agribusiness at the start of a new oilseed season. The goal of the conference is to discuss prospects and directions of the Black Sea and global oilseed market development, exchange international contacts, share recommendations for adapting business strategies in the changing market and global trade.

More than 250 delegates from 25+ countries attend the conference annually. Conference participants are represented by producers and crushers of oilseeds, traders, enterprises for deep processing of vegoils, investment companies, banks, legal, shipping, brokerage, insurance, surveyor and other companies.

UkrAgroConsult