SOCAR ANNOUNCES TENDER ON PURCHASE OF PROFIT OIL FROM SUPSA
The State Oil Company of Azerbaijan (SOCAR) announced a tender on sale of profit oil Azeri Light from the Georgian port of Supsa. The shipment of 1 million barrels of Azeri Light oil (135,000 tons) from Supsa is scheduled for 30 September and 1 October.
According to official of the SOCAR, the tender on the purchase of this consignment will be closed on 7 September. The previous consignment with the similar amount was sold to German company Select Energy GMBH.
In 2005 SOCAR intends to ship from Supsa seven tankers with the amount of 945,000 tons of oil, the same in 2004. This year Azeri Light was sold to Glencore, Arcadia, Czech Unipetrol, Total and R-Trading.