India's ONGC offers Azeri Light oil via tender

The Indian company ONGC Videsh on Friday offered a cargo of Azeri Light crude for the first time via tender after its stake acquisition in Azerbaijan, Trend cites Reuters as saying with reference to an ONGC representative.

According to the source, ONGC will export 3.5 to 4 cargoes each year from the Ceyhan terminal in Turkey, while another two cargoes will be exported from Georgia's Black Sea port of Supsa via a joint-lifting arrangement.

ONGC offered a 600,000-barrel cargo to be loaded on Aug. 29-31 from the Ceyhan terminal, Reuters reports.