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Saturday, November 11, 2006

Glencore, Select win latest Azeri light tender

11-10-2006 - Interfax - Glencore and Select Energy have won a tender called by the State Oil Company of Azerbaijani (SOCAR) for the 16th and 17th consignments of Azeri Light crude oil produced at Azerbaijan's Azeri-Chirag-Gunashli (ACG) fields this year. Glencore received a consignment of 600,000 barrels of oil on November 4-6, and Select - a consignment of 600,000 barrels on November 8-10. Both consignments were shipped from Novorossiisk. Addax and Select Energy bought four consignments of Azeri light each this year. Vitol and Statoil bought two each, and Mitsubishi and Glencore bought one each.

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