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Tag Archives: Aframax

Azerbaijan’s SOCAR buys seven oil tankers to boost trading business

Azeri state energy company SOCAR added seven oil tankers to its fleet last month to expand its transport capacity in the Mediterranean and Caspian seas, an executive with SOCAR’s trading unit said. SOCAR, which set up its trading unit in 2008, has been expanding its oil and oil products trading and logistics operations in Europe. “This (deal) is part of ...

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