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SOCAR Announces Tender on Sale of First Oil Consignment from Ceyhan Port in 2008

Oil&Gas Materials 10 January 2008 12:54 (UTC +04:00)

Azerbaijan, Baku, 10 January / corr. Trend / The State Oil Company of Azerbaijan (SOCAR) announced the tender on the sale of its own oil, branded Azeri Light, from the Turkish Port of Ceyhan. The oil is delivered to the Port via the Baku-Tbilisi-Ceyhan pipeline, according to a source at SOCAR

The volume of oil in the consignment is equal to 1mln barrels of oil (135,000 tons). The shipment is expected to take place between 5 and 7 February. The tender will close on 14 January.

SOCAR oil consignments from the Ceyhan Port have been purchased by the following companies in 2007:

Glencore Energy UK Ltd - January (1mln barrels);

VILMA OIL SL - January-February (1mln barrels);

Select Energy GmbH - February (600,000 barrels);

Select Energy GmbH - February-March (1mln barrels);

Glencore Energy UK Ltd - March (1mln barrels);

Addax BV - March (1mln barrels);

Sumato Energy Group Ltd - April (1mln barrels);

Select Energy GmbH - April (1mln barrels);

Arcadia Petroleum Limited - May (2mln barrels).

OMV Supply & Trading - May (1mln barrels);

Vitol SA - June (1mln barrels)

Shell - June (1mln barrels).

Sumato Energy - July (1mln barrels).

Exxon-Mobil - October (1 mln barrels).

Sumato Energy - November (1 mln barrels)

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