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SOCAR closes tender on oil shipment from Batumi

Oil&Gas Materials 13 April 2006 12:45 (UTC +04:00)

The State Oil Company (SOCAR) has closed a tender to sell a tanker load of the lucrative oil from the Black Sea Georgian port Batumi. Vitol, a foreign trader, won a right of shipping 80,000 tons of oil (600,000 barrels) of СЃРѕСЂС'Р° Azeri Light oil extracted from the Azeri-Chiraq- Guneshli, on April 30- May 1, Trend reports.

The previous similar tender winner was German company Select Energy Trading.

The Batumi oil terminal is capable of unloading up to 15m tons of oil products a year. The terminal serves tankers with 30-90,000 tons of dead weight in the four havens, including the remote buoy for Aframax class vessels. The reservoir park of the terminal now has the capacity of 530,000 tons, which is more than enough for current and expected capacities.

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