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SOCAR: 80,000 tons of oil to be transported via Baku-Novorossiysk pipeline in July

Economy Materials 2 July 2016 10:50 (UTC +04:00)

Baku, Azerbaijan, July 2

By Maksim Tsurkov – Trend:

Azerbaijan’s state oil company SOCAR will transport about 80,000 tons of oil via the Baku-Novorossiysk pipeline in July 2016, a source in SOCAR told Trend.

In the third quarter of 2016, SOCAR will transport nearly 420,000 tons of oil via that pipeline.

The company transported 1.27 million tons of oil via the Baku-Novorossiysk pipeline in 2015 versus 932,160 tons in 2014.

The Baku-Novorossiysk pipeline is 1,147 kilometers long. The length of its Azerbaijani section is 231 kilometers, while its Russian section is 916 kilometers long.

The pipeline’s highest capacity stands at 105,000 barrels a day.

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Follow the author on Twitter: @MaksimTsurkov

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