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SOCAR CLOSED TENDER FOR SELLING OIL BATCH FROM NOVOROSSIYSK

Oil&Gas Materials 7 September 2005 20:20 (UTC +04:00)

The State Oil Company of Azerbaijan (SOCAR) closed tender for selling of 79,000 tons of the Urals oil with FOB basis from the port of Novorossiysk. The winner of the tender became the Russian LUKOIL, SOCAR told Trend.

В"The oil consignment is supposed to be shipped on 30 September-1 October 2005 from the berth N2 of Novorossiysk”, SOCAR indicated.

The following companies purchased oil from SOCAR at tenders from Novorossiysk since the start of the year:

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), Glencore (142,000 tons);
September -LUKOIL (79,000 tons)

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