• Company
  • Products online
  • News terminal

Products online

  • News terminal
  • Caspian Oil & Gas Trends
  • Monthly Azerbaijan Business Monitoring
  • Weekly Azerbaijan Business Monitoring
  • Caspian, Turkey Building & Logistics Monitoring
  • Azerbaijan Energy Projects Review
  • Azerbaijan Banking Analytics
  • Iran Energy Economy Review
  • Central Asia Economic Outlook
  • Weekly Tenders Report
  • Azerbaijan Industry Agriculture Review
  • Azerbaijan Monthly IСT Monitoring
  • Regional Finance
ORDER TRIAL VERSION

Company

  • About company
  • Trend Information Service
  • Vacancies

Communications

  • Reference
  • Achievements

For clients

  • How to subscribe
  • Instant paid access
  • Support service

Trend in social networks

  • Facebook
  • Twitter
  • Youtube
  • Telegram
  • RSS
  • IOS
  • Android

Info Services

  • Trend Politics
  • Trend Society
  • Trend Economy
  • Trend Energy
  • Trend ICT
  • Trend Tourism
  • Trend Culture

Contacts

  • Bakhtiyar Vahabzade Str., 14, Baku, Azerbaijan, AZ1141.
  • sales@trend.az
  • + 994 12 437-12-68
  • RU
  • AZ
  • EN
  • TR
  • FA
AzerNews.Az Today.Az
  • Login
  • Sign up
Trend.Az
  • Latest
  • Azerbaijan
    • Politics
    • Business
    • Nagorno-Karabakh conflict
    • Society
    • Other News
  • Business
    • Oil&Gas
    • ICT
    • Finance
    • Economy
    • Tenders
    • Tourism
  • Iran
    • Nuclear Program
    • Politics
    • Business
    • Society
  • Central Asia
    • Kyrgyzstan
    • Kazakhstan
    • Turkmenistan
    • Tajikistan
    • Uzbekistan
  • South Caucasus
    • Armenia
    • Georgia
  • World
    • Turkey
    • Europe
    • US
    • Russia
    • Israel
    • China
    • Arab World
    • Other News
  • Latest
  • Azerbaijan
    • Politics
    • Business
    • Nagorno-Karabakh conflict
    • Society
    • Other News
  • Business
    • Oil&Gas
    • ICT
    • Finance
    • Economy
    • Tenders
    • Tourism
  • Iran
    • Nuclear Program
    • Politics
    • Business
    • Society
  • Central Asia
    • Kyrgyzstan
    • Kazakhstan
    • Turkmenistan
    • Tajikistan
    • Uzbekistan
  • South Caucasus
    • Armenia
    • Georgia
  • World
    • Turkey
    • Europe
    • US
    • Russia
    • Israel
    • China
    • Arab World
    • Other News
  • Trend Photo
  • Login
  • Sign up
  • Home
  • Business
  • Oil&Gas

SOCAR becoming one of major fuel oil exporters from Baltics (Exclusive)

8 February 2018 08:03 (UTC+04:00)
  • 0
  • 0

Baku, Azerbaijan, Feb. 8

By Leman Zeynalova, Maksim Tsurkov – Trend:

Azerbaijan’s state oil company SOCAR is becoming one of the largest exporters of fuel oil from Baltic ports to world markets, a source in the country’s oil and gas market told Trend.

The source noted that SOCAR shipped over 320,000 tons of fuel oil from Baltic ports in January.

"SOCAR buys products from the Belarusian state oil company BNK and exports those products from Latvia’s Ventspils and Lithuanian Klaipeda ports. SOCAR shipped 120,000 tons of fuel oil from Ventspils to Malta and more than 200,000 tons from Klaipeda in January," the source said.

Thus, the company is turning into one of the largest exporters of fuel oil from the Baltics, according to the source.

SOCAR entered the oil products market of the Baltics in late 2017. Moreover, the company actively operates in the oil products market of the Black Sea states by shipping those products from Russian ports and its own terminal in Kulevi, Georgia.

---

Follow the author on Twitter: @Lyaman_Zeyn

Follow Trend on Telegram. Only most interesting and important news

  • Tags:
  • fuel oil
  • Baltic sea
  • oil products
  • SOCAR
Related news
Azerbaijan attracting Kazakh companies to its energy projects
Oil&Gas 16 February 17:03
Russia considers possibility of supplying gas via Azerbaijani pipeline (Exclusive)
Oil&Gas 16 February 14:08
Azerbaijan, Romania, Bulgaria can set up joint working group on gas supply: deputy minister (Exclusive)
Oil&Gas 15 February 13:07
SOCAR to become even stronger player on Romanian market: deputy minister (Exclusive)
Oil&Gas 15 February 12:29
Mayak project enables SOCAR to increase production
Oil&Gas 14 February 13:38
SOCAR preparing for new project at Oil Rocks
Oil&Gas 14 February 12:43
Latest
Clashes in northern Gaza injure nine Palestinians, Israeli soldier
Arab World 03:59
Saudi Crown Prince arrives in Pakistan for official visit
Arab World 02:58
Albanian police arrests 15 citizens after violent protest
Europe 01:56
Breathtaking moments at Trampoline & Tumbling World Cup (PHOTO)
Society 00:48
Iraqi president says eliminating terrorism requires int'l commitment
Arab World 17 February 23:37
UAE signs 1.3 bln USD military deals in defense fairs
Arab World 17 February 22:55
Ambassador: World Cup in trampoline and tumbling in Baku organized at very high level
Society 17 February 21:52
Italian Eni increases oil & gas production in Kazakhstan
Oil&Gas 17 February 20:53
Erdogan, Putin to hold new talks in Moscow in April
Turkey 17 February 20:23
Most popular
Canadian company obtains license for oil & gas exploration in Turkey
Canadian company obtains license for oil & gas exploration in Turkey
Ilham Aliyev: Today Azerbaijan has advantage both at negotiating table and on battlefield
UK prime minister's trade envoy to visit Azerbaijan (PHOTO)
MP talks future work of Center for Social Research in Azerbaijan
Commentary
Withdrawal of US troops from Iraq: cacophony of opinions

Withdrawal of US troops from Iraq: cacophony of opinions

Minister: We won’t allow stirring up conflict between Azerbaijani, Chechen peoples (Exclusive)
Expert: Courses on how to change power in Russia - an attempt by wily Armenian activists to make money
Middle Eastern foes on verge of war, the only hope for Moscow
Azernews Newspaper
Trend.Az
  • About
  • Our Team
  • Products online
  • Trend Information Service
  • News terminal
  • News archive
Contacts
14, Bakhtiyar Vahabzade, Baku, Azerbaijan, AZ1141
+(994 12) 497-31-72
news@trend.az
+(994 12) 497-30-89
© 2019 Trend News Agency
Terms of use