Azerbaijan, Baku / corr. Trend S.Aliyev / The State Oil Company of Azerbaijan (SOCAR) has closed the bid on the sale of its own oil branded Azeri Light from the Turkish Mediterranean Port of Ceyhan. The oil is delivered to the Port via the Baku-Tbilisi-Ceyhan pipeline. SOCAR announced that trader Shell won the bid. The oil consignment, comprised of 1mln barrels of oil (or 135,000 tons), is scheduled to be shipped on 28-30 June.
On 25 May AZERI LT FOB Ceyhan oil price was $70.56 per barrel or $1.37 per barrel down as compared to previous price
SOCAR oil consignments from Ceyhan Port have been purchased by the following companies in 2007;
Glencore Energy UK Ltd - January (1 mln barrels)
VILMA OIL S.L - January - February (1 mln barrels)
Select Energy GmbH - February (600.000 barrels)
Select Energy GmbH - February-March (1 mln barrels)
Addax BV - March (1mln barrels)
Glencore Energy UK Ltd - March (1mln barrels)
Addax BV- March (1mln barrels)
Sumato Energy Group Ltd - April (1mln barrel)
Select Energy GmbH - April (1mln barrels)
Arcadia Petroleum Limited - May (2mln barrels)
OMV- May - (1mln barrels)
Vitol - June (1mln barrels);
Shell- June (1mln barrels).