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Crude Oil & Oil Products Export for May 2016

Source: www.gulfoilandgas.com 6/1/2016, Location: Asia

In May 2016, SOCAR has exported 79 963 tons of crude oil from Novorossiysk port, 264 748 tons from Supsa port, 1 454 760 tons from Ceyhan port. Generally, 319 499 tons of crude oil was exported from Novorossiysk port, 1 040 947 tons from Supsa, 7 196 455 tons from Ceyhan port, 14 946 tons from Kulevi port in January-May 2016. The indices of crude oil exported by the SOCAR reflect the volumes of crude oil belonging to both State of Azerbaijan and the Company.

In May 2016, SOCAR Marketing and Economic Operations Department exported 73 475 tons of diesel fuel, 23 960 tons of aircraft gasoline, 2 121 tons of stove oil, 7 519 tons of high-pressure polyethylene, 1 047 tons of absolute isopropyl alcohol, 6 687 tons of pyrolytic oil tar, 5 453 tons propylene, 2 964 tons of butylene butadiene. In January-May 2016, generally 355 406 tons of diesel fuel, 113 580 tons of aircraft gasoline, 2 298 tons of stove oil, 40 360 tons of high-pressure polyethylene, 6 133 tons of absolute isopropyl alcohol, 28 342 tons of pyrolytic oil tar, 21 146 tons of propylene, 6 684 tons of butylene butadiene were exported.

For May 2016, the average prices for oil products in the world market were as follows: ethyl petrol-(per ton) $496.61, aircraft gasoline-$428.80, diesel fuel-$411.66 and black oil containing 1% sulphur-$215.38, high-pressure polyethylene - $1182.50, butylene butadiene - $447.58, propylene - 635 euro, absolute isopropyl alcohol - 748.75 euro.

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