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SOCAR CLOSED TENDER FOR SALE OF TWO VESSEL CARGOES OF OIL FROM NOVOROSSIYSK

Oil&Gas Materials 27 July 2005 11:14 (UTC +04:00)

The State Oil Company of Azerbaijan (SOCAR) closed tender for sale of 164,000 tons oil of the Urals brand on the FOB basis from Novorossiysk with shipment in August. The winner is the Swiss trader Sun Oil, SOCAR told Trend.

According to the SOCAR spokesman, the first oil consignment of 82,000 tons will be shipped from Novorossiysk from the birth N2 on 14-15 August, the second one - on 21-22 August

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The following companies purchased oil from SOCAR at tenders from Novorossiysk:

January - LUKOIL (140,000 tons), Vitol (80,000 tons);

February - LUKOIL (160,000 tons), Arcadia (140,000 tons);

March - Bp Oil Trading (80,000 tons, Total (140,000 tons);

April - Glencore (160,000 tons);

May вЂ" RD Shell (80,000 tons); LUKOIL (85,000 tons);

June - Mercuria Energy Trading (82,000 tons).

July - Mercuria Energy Trading (170,000 tons).

August - Sun Oil (164,000 tons).

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