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SOCAR WILL NOT BE ABLE TO RESUME DELIVERIES OF JET FUEL TO BRITISH PETROGAS

Oil&Gas Materials 5 August 2005 17:09 (UTC +04:00)

The State Oil Company of Azerbaijan (SOCAR) will not be able to resume deliveries of TS-1 brand jet fuel in August produced at Heydar Aliyev Oil Refinery (former Azerneftyanajag), part of SOCAR.

The entire jet fuel produced at the Oil Refinery will be delivered by SOCAR in August to the local AZAL air company, SOCAR told Trend.

It should be noted, in July SOCAR did not deliver jet fuel to Petrogas on the same reason. SOCAR concluded the contract with Petrogas in late May for delivery of 50,000 tons of jet fuel with the delivery basis FOB Georgian ports Poti and Batumi.

One tanker cargo of jet fuel in the volume of 25,000 tons has been already shipped to Petrogas on basis FOB Batumi.

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