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Socar to load next Azeri Light in May
Azeri state-owned Socar is to load its next 135,000t (1mn bl) cargo of Azeri Light from Supsa in May. A tender for the cargo -- Socar's third this year -- will be issued over the next fortnight. This year, Socar plans to ship at least 6mn bl out of Supsa. A 136,000t cargo from the firm loaded at Novorossiysk last week, bought by Glencore. By the end of the year, Socar hopes to export 1.7mn t of oil through Novorossiysk.
Socar production
Crude ('000t) Feb01 YTD01 Feb00 YTD00
Total 692.9 1460.1 701.2 1469.1
Off-shore 574.5 1212.0 590.4 1238.1 …