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SOCAR CLOSED TENDER FOR SALE OF PROFIT OIL CONSIGNMENT FROM SUPSA

Oil&Gas Materials 8 September 2005 12:28 (UTC +04:00)

The State Oil Company of Azerbaijan (SOCAR) closed tender for the sale of the next consignment of the Azeri Light profit oil from the Georgian port Supsa. The winner is the German Select Energy GMBH, which will ship 1 million barrel (135.000 tons) of the Azeri Light on 30 September-1 October from Supsa, SOCAR told Trend.

It should be noted, the previous batch of the same volume SOCAR sold also to Select Energy GMBH from Supsa.

In September the partners of the Azerbaijan International Operating Company (AIOC), developing the off-shore block “Azeri-Chirag-Gyuneshli (ACG) plan to ship 430,000 tons of oil from Supsa. Such volume of the oil will be shipped by four tanker cargoes.

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