Baku, Azerbaijan, Nov. 15
By Emil Ismayilov- Trend:
Russian international sea trade port of Novorossiysk shipped 63.26 million metric tons of oil in January-October 2014 compared to 77.51 million metric tons in the same period of 2013, the port said Nov. 15.
The Novorossiysk port shipped 23.48 million metric tons of petroleum products during the reporting period compared to 20.38 million metric tons in January-October 2013, the report said.
Around 111.7 million metric tons of a variety of cargo have been transported for ten months compared to around 118.13 million metric tons in the same period of 2013.
The Novorossiysk port transshipped about 91.74 million metric tons of oil in 2013 compared to 110.83 million metric tons in 2012. The port transshipped 24.2 million metric tons of oil products in 2013 compared to 19.4 million tons in 2012.
Totally, the port transshipped about 141 million metric tons of cargo in 2013 compared to about 159 million metric tons in 2012.
The State Oil Company of the Azerbaijan Republic (SOCAR) transports its own oil through this port.
Summary table of cargo transportation by Novorossiysk Port (thousand metric tons):
|
Jan.-Oct. 2014 |
Jan.-Oct. 2013 |
Changes, % |
||
|
Total cargo turnover |
111 699,0 |
118 126,0 |
-6 427,0 |
-5,4% |
|
Bulk cargo (total) |
87 559,3 |
98 555,4 |
-10 996,1 |
-11,2% |
|
Crude oil |
63 262,1 |
77 513,5 |
-14 251,4 |
-18,4% |
|
Oil products |
23 478,9 |
20 383,9 |
3 095,0 |
15,2% |
Oil is delivered to the port via the Baku-Novorossiysk pipeline.
Earlier, the Russian side decided to terminate the intergovernmental agreement on the supply of oil via the Baku-Novorossiysk pipeline. Nevertheless, it was stated that there was opportunity for further negotiations with the Russian side on the operation of this pipeline, in particular in the opposite direction.
The oil pumping through the pipeline was suspended in February 2014. However, SOCAR and Russian Transneft recently signed a new agreement on oil transportation via the Baku-Novorossiysk pipeline, in accordance to which, the oil transportation via the Baku-Novorossiysk pipeline was restored.