Gulf Oil and Gas accountACCOUNT

Crude Oil & Oil Products Export for August 2015

Source: www.gulfoilandgas.com 9/1/2015, Location: Asia

SOCAR exported 84 thousand 913 tons of crude oil from Novorossiysk port, 254 thousand 422 tons of crude oil from the Supsa Port, and 871 thousand 787 tons of crude oil from the Ceyhan Port in August 2015. In general, 930 thousand 671 tons of crude oil were exported from the Novorossiysk Port, 1 million 864 thousand 59 tons of crude oil - from the Supsa Port, and 11 million 272 thousand 41 tons of crude oil from the Ceyhan Port during January-August 2015. The indices of crude oil exported by the SOCAR reflect the volumes of crude oil belonging to both State of Azerbaijan and Company.

In August 2015, SOCAR Marketing and Economic Operations Department exported 90 thousand 491 tons of diesel fuel and 27 thousand 984 tons of aircraft gasoline. In general, 650 thousand 797 tons of diesel fuel, 159 thousand 467 tons of aircraft gasoline, and 280 tons of furnace oil were exported during January-August 2015. For August 2015, the average prices for oil products in the world market were as follows: petrol-(per ton) $538,51, aircraft gasoline-$457,26, diesel fuel-$441,75, and black oil containing 1% sulphur-$232,36.

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