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SOCAR signs contract for supply of diesel fuel to Ukraine

Oil&Gas Materials 3 July 2018 12:30 (UTC +04:00)

Baku, Azerbaijan, July 3

By Anvar Mammadov – Trend:

SOCAR Energy Ukraine, Ltd. Company (subsidiary of the Azerbaijani state company SOCAR) has signed a contract with the Production Support Center (PSC) of "Ukrzaliznytsia" PJSC (Ukrainian Railways Company) for the supply of 10,000 tons of diesel fuel, a source close to the agreement told Trend July 3.

The source told Trend that, the company will supply the resources at a price of 28,869.9 hryvnia per ton.

"The estimated price offered by traders at formula trades is 3.9 percent higher than the average market price, which according to results of the monitoring by the “Consulting group A-95”, was 27,780 hryvnia per ton on the day of signing the contract," the source told Trend.

The timing of delivery of the resources are not yet known.

SOCAR Energy Ukraine, Ltd. Company won the tender of "Ukrzaliznytsia" PJSC (Ukrainian Railways) for the supply of 10,000 tons of diesel fuel in mid-June.

SOCAR Company is represented in Ukraine by its subsidiary SOCAR Energy Ukraine, Ltd. Company, and owns a network of 61 fuel filling stations.

The official rate for July 3 is 26,2327 UAH / USD.

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