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Azerbaijan to ship 400,000 tons Ural oil from Novorossiysk port in Nov

Oil&Gas Materials 29 October 2005 12:10 (UTC +04:00)

Azerbaijan will ship 400,000 tons Ural oil from the Novorossiysk port by 4 tankers in November. The first 145,000-ton tanker will be shipped on pier 1 from 12 to 13 November, the rest three per 85,000 tons - on pier in late November (18-19, 24-25, 29-30), Trend reports referring to sources at the port.

The Azerbaijani oil is shipped from the Novorossiysk port by the State Oil Company of Azerbaijan (SOCAR) and Azerbaijan International Oil Company (AIOC). A total of 315,000 tons is supposed to fall to the AIOC, 85,000 tons - the SOCAR.

In October the SOCAR sold 227,000 tons Ural oil from the Novorossiysk port by two tankers Mercuria Energy Trading (142,000 tons) and Vitol (85,000 tons).

The oil is delivered to the Novorossiysk port via the north pipeline.

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