State Oil Company of Azerbaijan announced tender for sale of first oil load from Ceyhan
The State Oil Company of Azerbaijan (SOCAR) announced a tender for sale of first BTC-pumped load of its own Azeri Light oil from port Ceyhan, Trend reports with reference to SOCAR.
The load totals 1mln bbl (135k ton). The load is scheduled to be shipped August 11-13, 2006. The tender will be totaled July 19.
Oil market traders told Trend 6.6mln bbl Azeri Light oil will be exported in total from Ceyhan.
As of July 11, price for AZERI LT oil FOB Ceyhan was $72.18/bbl (up $.79/bbl).