SOCAR to get 80,000 tons of Urals crude from Surgutneftegaz

By  Trend

Russia’s Surgutneftegaz awarded Azerbaijan’s SOCAR 80,000 tons of Urals crude in a sell tender on March 29 for loading from Russia’s Black Sea port of Novorossiisk on April 26-27, traders said, Trend reports citing Reuters.

Surgutneftegaz obtained an additional loading slot in Novorossiisk on April 26-27 on March 28 after Rosneft cancelled its cargo, which was planned for loading on the same dates, according to the traders.

Earlier, Surgutneftegaz on March 27 awarded a spot tender to sell a Urals cargo loading from Primorsk port on April 10-11 to SOCAR.

SOCAR purchased the cargo to supply its new Star refinery in Turkey, traders said. The plant is expected to reach its full production capacity in April.