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SOCAR Announces Tender on Oil Cargo Export, from Ceyhan

Oil&Gas Materials 6 November 2006 13:35 (UTC +04:00)

The State Oil Company of Azerbaijan (SOCAR) announced a tender on the shipment of Azeri Light oil from the Turkish port of Ceyhan, delivered via the Baku-Tbilisi-Ceyhan main export oil pipeline (BTC), the company told Trend.

The oil consignment comprised of 1.2 million barrels (or 164,000 tons). The shipment of cargo

which is comprised of 600,000 barrels, is scheduled from December 1-15, 2006. The result of the tender will be announced on November 9.

On November 2, prices of AZERI LT FOB Ceyhan made up $56.38 per barrel (rose $0.12 per barrel as compared to previous price).

Oil consignments from Ceyhan were shipped by the following companies:

Statoil August (1mln barrels);

Arcadia September (600,000 barrels).

Select Energy GmbH November (1mln barrels).

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