SOCAR NOT ABLE TO RESUME GASOLINE SUPPLY TO SINGAPOREAN PETROFARM NOW
The State Oil Company of Azerbaijan (SOCAR) is not able to resume 92 octane number gasoline supply to Singaporean Petrofarm now due to the high demand in the internal market and export to Georgia.
The Petrofarm is interested in prolongation of the contract with SOCAR, but it is currently impossible for gasoline shortage, SOCAR told Trend.
92 octane number gasoline is produced at Heydar Aliyev oil refinery plant. SOCAR implemented the terms of the contract with the Petrofarm and shipped all envisaged volume. The shipment comprised around 100,000 tons gasoline.
The oil product shipped for the Petrofarm on basis FOB to pier 20 belonging to the Azrneftyag oil refinery plant. The Petrofarm delivers gasoline to Iranian port Neka by the tankers of the Caspian Shipping Company.