SOCAR resumes supplies of Rosneft’s oil products

Oil&Gas Materials 12 August 2021 11:08 (UTC +04:00)
SOCAR resumes supplies of Rosneft’s oil products

BAKU, Azerbaijan, Aug.12

By Leman Zeynalova – Trend:

Socar New Energy, the exclusive supplier of Rosneft’s oil products to Ukraine, has begun unloading August volumes after a ten-day pause, Trend reports citing Ukrainian media.

“Last weekend, deliveries were resumed. The first shipment went to the Madox Ukraine company. Ukrainian operators have already started offering oil products from this producer at UAH 28,000 / t. Three traders also confirmed the supply of liquefied gas.

"SOCAR managed to solve the problems with the issuance of permits from the Federal Service for Technical and Export Control (FSTEC), as there were doubts that the August volumes would not reach Ukraine," said a source familiar with the matter.

SOCAR supplies Rosneft’s oil products to the Baltic stated, Ukraine, Poland.

“SOCAR continues to develop its positions in international oil trading. To this end, the company signed an agreement with Rosneft to organize the supply of their oil products to the Baltic states, Ukraine, Poland and other Eastern European countries”, the company said earlier.

Azerbaijani state oil company SOCAR’s representative office opened in Ukraine in 2008.

The company acquired about 20 Tala-Nafta filling stations in Odessa and Nikolaev regions. as well as Svitanok large oil depot in Odessa region in 2009.

The company took control of the fuelling networks ONIO (four filling stations in Kyiv and the region) and GFC (in Lviv region) in 2010-2011. SOCAR received permission from the Antimonopoly Committee of Ukraine to purchase 26 filling stations and one tank farm of the Kalina group in August 2012.


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