Bank Of Baku

SOCAR exports 2.3 million tons of crude from Novorossiysk Port

SOCAR exports 2.3 million tons of crude from Novorossiysk Port
# 05 December 2009 12:12 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. The Marketing Department of the State Oil Company of Azerbaijan (SOCAR) exported 238 665 tonnes of crude oil from Russia’s Novorossiysk Port during November.

The company press service said in total 2 340 529 tonnes of crude was exported through this route during January-November.

Brent oil was sold at $76.66, Urals oil at $76.32and BTC FOB Ceyhan at $77.52 per barrel on average in November.

Azerbaijan’s Azeri Light is a lighter crude oil and yields more light products at the refinery and less residue.

Because Azeri oil mixes with Russian crudes in Novorossiysk Port (the Black Sea), the mixture is branded as Urals.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED