Channel Energy is a midstream petroleum services company with a unique combination of international and regional expertise, as well as excellent emerging markets credentials. Channel Energy's primary operation is the state of the art Poti Terminal, a 120,000 m³ petroleum products terminal, which offers white and optionally black product capabilities as well as a range of value added services and is located in Poti, Republic of Georgia. The Port of Poti, which is a minority shareholder in the Terminal, is the largest port in Georgia and offers as well as substantial scope for expansion.

With backing from the European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade Development Bank (BSTDB) and with the surveillance of the appointed Lender's Supervisor - Tebodin (Holland), the Terminal has an excellent track record and outstanding future prospects. The construction was undertaken by Ustay Construction Company, Turkey, which has high credentials in the oil sector which stems from their over 35 years experience. Channel's Poti Terminal provides a vital link between the rapidly developing petroleum producing regions of the Caucasus and Central Asia and international markets. Offering the highest international levels of quality, environmental protection and service, Channel Energy is a member of the Delta Petroleum Group, drawing on the Group's 25 years of petroleum services know-how.