State Oil company fo Azerbaijan sold first oil load in Ceyhan
The State Oil Company of Azerbaijan (SOCAR) has closed the tender for shipping first Azeri Light oil load from port Ceyhan, Trend reports with reference to SOCAR. The tender was awarded to Statoil of Norway.
The load amount is 1mln bbl (135k ton). The load is shipped August 11-13.
During August, BTC Co is going to ship some 1.18mln ton of Azeri Light oil from Ceyhan. From this amount, 135k ton is SOCARs share.
Price for AZERI LT oil FOB Ceyhan as of July 17 was $74.49/bbl (up $0.77/bbl).