SOCAR New Energy sign term contracts with Ukrainian gas traders

[ad_1] SOCAR New Energy, an exclusive supplier of Rosneft’s oil products to Ukraine, has signed TERM contracts on the supply of autogas with Ukrainian traders of liquefied hydrocarbon gas, Report informs, citing enkorr. SOCAR New Energy intends to supply 37,000 tonnes of liquefied hydrocarbon gas to Ukraine monthly and sold the entire volume in the… Continue reading SOCAR New Energy sign term contracts with Ukrainian gas traders

SOCAR supplied 24,300 tons of diesel fuel to Ukraine in June

[ad_1] SOCAR New Energy, established jointly with the State Oil Company of Azerbaijan (SOCAR) to supply Rosneft oil products to Ukraine, delivered 78,300 tons of diesel fuel in June, according to the report of the consulting group “A-95,” Report informs referring to Ukrainian media. Some 24,300 tons of this volume were transferred to SOCAR Energy… Continue reading SOCAR supplied 24,300 tons of diesel fuel to Ukraine in June

Will SOCAR own new network of gas stations in Ukraine?

[ad_1] The Glusco filling stations network in Ukraine has resumed its work from today. Report informs citing Ukrainian media that the reason for the network’s resumption was the change in the company’s ownership. Now, the State Oil Company of Azerbaijan (SOCAR) owns the network. “It is a maintenance launch to check the system. We hope… Continue reading Will SOCAR own new network of gas stations in Ukraine?

SOCAR imported 3,900 tons of gasoline from Lithuania to Ukraine in June

[ad_1] This June, SOCAR Energy Ukraine, a subsidiary of the State Oil Company of Azerbaijan (SOCAR), imported 3,900 tons of gasoline to Ukraine, according to the report of the consulting group “A-95,” Report informs referring to Ukrainian media. This is 0,100 tons or 2.63 percent more than the volume of imports of gasoline in May.… Continue reading SOCAR imported 3,900 tons of gasoline from Lithuania to Ukraine in June

SOCAR to supply diesel fuel to Ukrainian railways 

[ad_1] SOCAR Energy Ukraine signed a contract on the purchase of diesel fuel for Ukraine’s railways, Report informs, referring to a statement of A-95 Consulting Group. Ukrainian Railways announced a tender on July 1 to purchase 15,000 tons of diesel fuel under the framework agreement. Thus, the railway company will hold five tenders, and each… Continue reading SOCAR to supply diesel fuel to Ukrainian railways 

SOCAR increases oil export via Baku-Novorossiysk 17 times

[ad_1] The State Oil Company of Azerbaijan (SOCAR) exported 498,550 tons of oil via the Baku-Novorossiysk oil pipeline from January through June 2021, according to the operational summary of the Central Dispatching Office of the Fuel and Energy Complex of the Russian Energy Ministry, Report informs referring to Interfax. Some 498,550 tons of oil were… Continue reading SOCAR increases oil export via Baku-Novorossiysk 17 times

SOCAR increases share in its Georgian subsidiary to 92%

[ad_1] In 2020, the State Oil Company of Azerbaijan (SOCAR) increased its share in the Georgian subsidiary, SOCAR Energy Georgia, from 75.5% to 91.8%, Report informs, citing the SOCAR’s consolidated financial statements for last year. SOCAR Energy Georgia has been operating since 2006. During this period, the company has invested more than $ 1.2 billion… Continue reading SOCAR increases share in its Georgian subsidiary to 92%

SOCAR cuts fuel consumption by 28%

[ad_1] In 2020, during the coronavirus pandemic, the State Oil Company of Azerbaijan (SOCAR) reduced fuel and electricity consumption by 28% and 10%, respectively, Report informs, citing the company’s spokesperson Ibrahim Ahmadov. According to him, last year, the company produced about 26% of the electricity it used in Azerbaijan at the expense of its internal… Continue reading SOCAR cuts fuel consumption by 28%

SOCAR may supply diesel fuel to Ukrainian Railways

[ad_1] Ukrainian Railways (Ukrzaliznitsa) intends to purchase 200,000 tons of diesel fuel. Report informs, citing the Ukrainian media, that the state-owned enterprise has already announced a tender for the supply of this product. SOCAR Energy Ukraine, the subsidiary of SOCAR in Ukraine, also participated in the tender for diesel fuel supply for 2021. In addition,… Continue reading SOCAR may supply diesel fuel to Ukrainian Railways