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State Oil Company of Azerbaijan to reduce kerosene export in August

Oil&Gas Materials 29 July 2006 12:10 (UTC +04:00)

The State Oil Company of Azerbaijan is not planning to ship aviation kerosene in August under the contract with Rocoil Trading due to oil export rise and consequent decrease of oil products output at oil refineries, Trendreports with reference to SOCAR.

Besides, state concern AZAL increased planned amount of kerosene purchases to 40k ton against usual 36-38k ton. Alongside, AIR BP of Georgia is going to purchase 3 or 4k ton of kerosene in August from SOCAR.

SOCAR officials said almost no kerosene had been accumulated for Roc Oil in port Poti to date. Up to now the company shipped 33.8k ton of kerosene in two tankers.

In late May SOCAR sold Rocoil Trading kerosene through the tender. The tender suggests SOCAR shipping 25,000-50,000 mt of TS-1 kerosene FCA Baku.

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