The State Oil Company of Azerbaijan (SOCAR) closed tender on sale of 1 million barrels (135,000 tons) of Azeri Light from the Georgian Black Sea port of Supsa. The tender’s winner became the German trader Select Energy GMBH, which is committed to deliver oil from Supsa on 6-7 August, Trend was told at the SOCAR.
SOCAR gets the profit oil on the account of the crude oil production on the Azeri-Chirag-
Guneshli field. SOCAR owns 10% shares in this project. The project operator is BP.
Shipping of 1 million barrels of oil from Supsa has been also planned for 26-27 September, 22-23 October, 16-17 November and 29-30 December. Means after realization of the Azerbaijan's profit oil come to the country's State Oil Fund.
The four consignments of the Azeri Light were bought from Supsa since the start of the year by Glencore, Arcadia, Unipetrol Рё Total. The sulphur content in Azeri Light is 0,14%, density in degrees by API - 34,9.