Bank Of Baku

Azerbaijan announces tender for Azeri Light crude export from Supsa

Azerbaijan announces tender for Azeri Light crude export from Supsa
# 13 February 2009 14:39 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. Azeri state oil firm Socar has announced a tender for 600 000 barrels of Azeri Light crude oil for loading at the Supsa Port on March 13-14, said the company’s marketing office.
The results of the tender will be announced on February 17.
Baku-Supsa Pipeline delivers crude oil from Azerbaijan to the Black Sea port of Supsa in Georgia.
The capacity of the pipeline is about 7.5 million tons per annum.
Since its inception in 1999, Baku-Supsa Pipeline also known as the Western Route Export Pipeline transported 50 million tons of oil until the end of 2005 and 5.6 million tons was pumped in ten months of 2006. The pipeline has been shut down since then and 100 000 tons of oil was pumped into the pipeline in August this year.
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