The State Oil Company of Azerbaijan (SOCAR) closed a tender for sale of 60,000 tons of the Urals oil from the port of Novorossiysk in February 2006 with the basis FOB, SOCAR told Trend. Glencore Energy UK LTD won the tender.
В"The shipment of the oil cargo is expected on 26-27 February from pier N7.8 at the Novorossiysk oil terminal, SOCAR indicated.
In 2005, SOCAR shipped 1,631 million tons of oil from Novorossiysk against 2,559 million tons in 2004. In December 2005 the oil shipment from Novorossiysk was 86,500 tons against 167,200 tons a month before and 166,300 tons in December 2004.
Among all companies in 2005 the Glencore trader bought mostly the oil from Novorossiysk, 557,000 tons from SOCAR, the Russian LUKOIL is on the second place with 464,000 tons.
The following companies bought oil batches from SOCAR since the start of 2006:
January Glencore (85,000 tons).
February Taurus Petroleum (140,000 tons).
February - Glencore Energy (60,000 tons).
