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Ukraine’s Ukrtransnafta puts up another batch of Azerbaijani oil for sale

Oil&Gas Materials 26 August 2020 18:27 (UTC +04:00)
Ukraine’s Ukrtransnafta puts up another batch of Azerbaijani oil for sale

BAKU, Azerbaijan, Aug. 26

By Nargiz Ismayilova – Trend:

Ukrtransnafta PJSC, operator of the oil transportation system of Ukraine, has put up for sale 15,000 tons of Azerbaijani oil of Azeri Light grade, Trend reports referring to the Ukrainian media.

The oil is offered from the tanks of the Pivdennyi Offshore Oil Terminal. The trading will be held at the Ukrainian Energy Exchange on Aug. 28.

“The company offered the oil at Azeri Lt FOB Supsa quotations, taking into account the cost of freight ($3 per ton) and transshipment ($1 per ton),” the message said. “The offer has been divided into two lots - 10,000 tons and 5,000 tons of crude oil. The delivery period is September 10-19, 2020.”

Ukrtransnafta put up for sale 30,000 tons of Azeri Light oil at the Ukrainian Energy Exchange on July 9.

The company said that part of the oil that was purchased from the State Oil Company of Azerbaijan SOCAR during the period of low prices was offered for sale.

Meanwhile, the trading ended without any result.

Ukrtransnafta transported 11,300 tons of Azerbaijani oil to the Ukrainian oil refineries in July.

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