Gulf Oil and Gas accountACCOUNT

Crude Oil & Oil Products Export for October 2017

Source: www.gulfoilandgas.com 11/1/2017, Location: Asia

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In October 2017, SOCAR has exported 84 975 tons from Novorossiysk port, 261 397 tons from Supsa, and 1 201 812 tons from Ceyhan port.Generally, 1 242 679 tons of crude oil was exported from Novorossiysk port, 2 013 209 tons from Supsa, and 13 955 348 tons from Ceyhan port in January-October 2017.

The indices of crude oil exported by SOCAR reflect the volumes of crude oil belonging to the both State of Azerbaijan and the Company.

In October 2017, SOCAR Marketing and Economic Operations Department exported 51 129 tons of diesel fuel, 9 527 tons of aircraft gasoline, 2 439 tons of high-pressure polyethylene, 786 tons of absolute isopropyl alcohol, 3 321 tons of pyrolytic oil tar, and 2 134 tons of propylene.

In January-October 2017, generally 452 288 tons of diesel fuel, 43 110 tons of aircraft gasoline, 236 tons of stove oil, 58 704 tons of high-pressure polyethylene, 9 894 tons of absolute isopropyl alcohol, 50 306 tons of pyrolytic oil tar, 31 384 tons of propylene, and 21 616 tons of butylene butadiene were exported. For October 2017, the average prices for oil products in the world market were as follows: ethyl petrol-(per ton) $560,49, aircraft gasoline-$543,08, diesel fuel-$505,58, black oil containing 1% sulphur-$330,91, high-pressure polyethylene - $1235, butylene butadiene - $652,86, pyrolytic oil tar - $560,49, propylene - €860, and absolute isopropyl alcohol - €1282,50.

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