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Ukrtransnafta puts 15,000 tons of Azeri Light oil for auction

Oil&Gas Materials 8 October 2020 14:22 (UTC +04:00)
Ukrtransnafta puts 15,000 tons of Azeri Light oil for auction

BAKU, Azerbaijan, Oct.8

By Leman Zeynalova – Trend:

Ukrtransnafta joint-stock company of Ukraine has put 15,000 tons of Azeri Light oil from the Pivdenni oil terminal for auction, Trend reports citing enkorr.

Bidding will take place on October 8 at the Ukrainian Energy Exchange (UEB).

The offer is divided into two lots of 10,000 tons and 5,000 tons of crude oil. The resource delivery time is October 20-30, 2020.

Ukrtransnafta Public Joint Stock Company was created in 2001 on the basis of State-Owned Joint Stock Company «Main Pipelines «Druzhba» and State-Owned Joint Stock Company «Prydniprovski Main Pipelines” (which are the Company’s branches at present) for the purpose of optimizing the operation of Ukraine’s oil transportation system and implementing a uniform policy in this field.

In 2007, a branch styled “Pivdenni Main Pipelines” were created within the Company by a resolution of the Shareholders of Open Joint Stock Company “Ukrtransnafta” dated August 10, 2007.

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