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SOCAR did not ship oil from Novorossiysk in January

Oil&Gas Materials 3 February 2006 19:27 (UTC +04:00)

The State Oil Company of Azerbaijan (SOCAR) did not ship oil from the port of Novorossiysk in January 2006 due to bad weather conditions, SOCAR told Trend. The company was to ship 85,000 tons of Urals oil to the Glencore trader, the winner of the tender on 30-31 January. However, shipment of this batch was delayed for mid-February.

In 2005 SOCAR shipped 1,631 million tons of oil from the port of Novorossiysk against 2,559 million tons in 2004. In December 2005 shipment of oil from Novorossiysk was 86,500 tons against 167,200 tons a month earlier and 166,300 tons in December 2004.

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