Azerbaijan, India sign oil export deal

Azerbaijan, India sign oil export deal
# 29 June 2007 15:07 (UTC +04:00)
The State Oil Company of Azerbaijan (SOCAR) and Reliance Petroleum of India have signed a contract for direct exportation of Azeri oil to India. The contract will come effective in August.
As per the terms of the one-year agreement, SOCAR will deliver 1 million to 2 million barrels of Azeri Light oil a month to India via Ceyhan Port (Turkey). /APA-Economics/
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