SOCAR Trading increases purchase of Kazakh oil
Baku, Azerbaijan, Dec. 4
By Maksim Tsurkov - Trend:
In the first half of 2015, the SOCAR Trading company (trading house of SOCAR Azerbaijani state company) acquired 178,800 tons of Kazakh oil delivered through the CPC pipeline for the purpose of subsequent sale on the world market, said the protocol on the results of XII session of the Azerbaijani-Kazakh intergovernmental commission signed Dec.4.
At the same time, SOCAR Trading purchased 136,300 tons of Kazakh oil for the entire 2014.
In addition, in January-June 2015, SOCAR Trading acquired 55,500 tons of Tengiz brand oil transported via the Baku-Tbilisi-Ceyhan pipeline from the Kazakh Tengizchevroil company for subsequent sale on the world market. SOCAR Trading acquired 83,600 tons of Tengiz brand oil in 2014 and 84,100 tons in 2013.
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