The State Oil Company of Azerbaijan (SOCAR) canceled the November tender for the sale of two Ural oil tanker loads totaling 1 mln barrels of Ural oil (135,000 tons) from the Port Novorossiysk, Trend reports. The shipment of the cargo is scheduled for November 29-30.
The tender was canceled due to an increase in the volume of oil pumped by the Azerbaijan International Operating Company (AIOC) from the Azeri-Chirag-Gunashli fields. AIOC is an operator of the pipeline and therefore has priority pumping rights.
In November SOCAR sold 2 oil cargos from Novorossiysk. The two cargoes in the total volume of 1,204 mln barrels (584 mln barrels and 620 mln barrels) were sold to British trader Glencore Energy UK Ltd. The first cargo will be shipped on November 7-8, while the second will be shipped on November 18-19.
During 2005 SOCAR shipped 1.631mln tons of oil from Novorossiysk compared to 2.559 mln tons in 2004.
Since the beginning of 2006 SOCAR sold oil loads to the following companies in Novorossiysk:
January Glencore (85,000 tons);
February Taurus Petroleum (140,000 ton); Glencore (60,000 tons);
May - Glencore (60,000 tons);
June Glencore (60,000 tons);
July - Glencore (60,000 tons);
August - Glencore (131,000 tons); Select Energy (78,000 tons);
September - Reoc Ltd. (85,000 tons); Vitol (85,000 tons).
October - Sun Oil S.A. (160,000 tons);
October - REOC Ltd. (135,000 tons).
November - Glencore Energy UK Ltd (165,000 tons)