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Azerbaijan to sell 400,000 tons of oil in Novorossiysk

Oil&Gas Materials 28 February 2006 11:54 (UTC +04:00)

In March Azerbaijan expects to ship 400,000 tons of Ural oil from the Novorossiyk port. 315,000 tons of the total fall on the Azerbaijan International Operating Company (AIOC), which will be transported in three parties and 85,000 tons of crude on the SOCAR.

In March the AIOC will ship 145,000 tons of oil from pier 1 of the Novorossiysk Port and two batches of oil comprising 85,000 tons from pier N2. The SOCAR also plans to transport 85,000 tons of crude oil from pier N2.

Tender on sale of oil batch will be announced this week

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