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SOCAR Sells Consignment of Oil from Novorossiysk

Oil&Gas Materials 31 March 2008 19:35 (UTC +04:00)

Azerbaijan, Baku, 31 March / Trend / The State Oil Company of Azerbaijan (SOCAR) has issued a tender on the sale of consignment of oil of 600,000 barrels (82,000 tons) from Novorossiysk port, SOCAR said. The consignment of oil will be shipped on 28-29 April. The tender results will be summed up on 3 April.

This is the fifth consignment of oil of REBCO brand which will be shipped this year.

The consignment of oil of SOCAR from Novorossiysk was purchased by the following companies in 2008:

Glencore Energy UK Ltd - January (605,000 barrels);

ORL -February (605,000 barrels);

Glencore Energy UK Ltd - March (615,000 barrels.);

Arcadia Petroleum Limited - April (600,000 barrels).

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