Black Sea Petroleum (BSP), which owns and operates the Kulevi Oil Refinery, has received its third shipment of Libyan crude oil.
On October 28, the tanker FRANKOPAN, carrying approximately 86,000 tonnes of crude, arrived at the Kulevi Black Sea Terminal, owned by SOCAR.
The latest cargo confirms the continued supply of non-Russian crude oil to the Kulevi Oil Refinery, with Libyan crude arriving regularly since late August. BSP expects further shipments of Libyan crude in November. The shipments are being carried out under a crude oil supply agreement signed between BSP and an international trading company, covering the period through the end of 2027.
In July 2026, the refinery began processing Kazakh crude oil and completed its full switch to exclusively non-Russian crude oil on August 23.
More than 60 days have now passed since that transition. BSP aims to supply the European Union market with more than 100,000 tonnes of petroleum products per month, in accordance with applicable EU regulations and documentation requirements.
BSP also opened its EU Affairs office in Brussels on October 15 to strengthen engagement with EU institutions and expand cooperation with European business partners.
