Wednesday, July 4, 2007

Sumato Energy Wins Tender for 1 Million Barrels of Azeri Light Crude Oil

(Bloomberg) -- Sumato Energy Group Ltd., a New
Zealand oil trader, won an auction to buy 1 million barrels of
Azeri Light crude, Azerbaijan's state oil company Socar said.

Sumato Energy will load the oil in Ceyhan, a Turkish port on
the Mediterranean, between July 24 and July 26, Baku-based Socar
said in a statement on its Web site today. The crude is pumped
from the Chirag and Gunashli fields.


Read more at Bloomberg Energy News

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