The State oil company of Azerbaijan (SOCAR) announces a tender on the sale of 80,000 tons of Azeri Light crude oil, to be shipped off the
The consignment вЂ" part of SOCARвЂ™s profit oil from the Azeri вЂ" Chirag вЂ" (deepwater) Gunashli (ACG) oil fields вЂ" will be loaded on to a tanker July 21 through 25. The fields are operated by the Azerbaijan International Operating Company.
A SOCAR spokesman told Trend that results of the tender would be available on June 28. вЂњWe likely will announce monthly tenders on sale of oil [in the above amount] off [the port of]
Since January through May, the port has handled 3.39 million tons of oil and petroleum products, up 0.512 million tons from the year-ago figure.
AIOC on June 1 began the filling in a 12-km joint pipeline running from a terminal [operated by local private company Azpetrol] at the Sangacahal settlement, 42 km southwest of
With the commissioning of a new oil supplies route, the AIOC has managed to reduce its dependence on the Baku-Novorossiysk northern route export pipeline. The released capacity will be filled in by SOCAR вЂ" the state oil company plans to supply 85,000 tons of crude oil via the northern route.
As to Azpetrol, the company вЂ" according to industry sources вЂ" will supply by railway 40,000 barrels per day of crude oil in July in August. The figure is expected to halve in September.