SOCAR delivers batch of Russian fuel oil to Singapore
Baku, Azerbaijan, March 30
By Maksim Tsurkov - Trend:
SOCAR Trading, a subsidiary of Azerbaijan’s state oil company SOCAR, has supplied a batch of Russian fuel oil from Dutch Rotterdam to Singapore, sources in the oil and gas market told Trend.
Reportedly, the volume of the fuel oil was 270,000 tons.
In January 2018, SOCAR signed a deal with the Vienna-based Cetracore Energy oil trading company and its shareholder, Russia’s Rosneft oil company and started to export Russian oil products from the Black Sea port of Tuapse city.
SOCAR is also shipping oil products from Novorossiysk and the Primorsk port on the Baltic Sea.