Baku 22° C
SOCAR Trading wins tender to purchase Turkmen oil from Petronas
Energy
- 30 December, 2020
- 06:05
Add Report.az to preferred Google sources
Stay up to date with the top news!
SOCAR Trading, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), won the tender to purchase Kiyanly crude oil produced by PETRONAS in Turkmenistan.
The long-term deal for two years with a possibility for extension secures the delivery of approximately a million tons per year.
The agreement will provide about 1 million tons of crude oil a year from Turkmenistan.
Overall, annual volumes of various crude grades contracted for delivery via BTC by SOCAR Trading in the Caspian Sea region from Turkmenistan, Russia, and Kazakhstan amount to over four million tons a year.
Author
“SOCAR Trading” “Petronas”dan türkmən neftinin alınması üzrə tenderin qalibi olub
SOCAR Trading выиграл тендер на закупку туркменской нефти у Petronas
Latest News
11:30
Azerbaijan aims to boost agricultural productivity and farmers" incomes
AIC
11:22
Azerbaijan's restoration of independence anniversary marked with exhibition-concert in Washington
Foreign policy
11:14
Photo
Azerbaijan highlights importance of common information space across Turkic world
Other countries
11:04
Photo
Second Azerbaijan-Uzbekistan Rectors Forum kicks off in Khankandi
Foreign policy
10:50
Ismayilzada: Highly qualified specialists to be trained for agrarian sector
AIC
10:48
President Ilham Aliyev highlights problems in enforcement of international law from CICA platform — OPINION
Foreign policy
10:34
FAO, Azerbaijan study natural resource base in liberated territories
AIC
10:33
IsDB, WB to expand co-financing of development projects in member countries
Finance
10:29
Azeri Light crude falls over $5 per barrel
Energy