Baku, Azerbaijan, May 6
By Maksim Tsurkov - Trend:
The State Oil Company of Azerbaijan exported 508,490 metric tons of oil via the Baku-Novorossiysk pipeline in April 2015, which is 50.8 percent more than in the same period of 2014 (338,810 metric tons), the message posted on the company's website said.
SOCAR exported 84,700 metric tons of oil from Novorossiysk in April, compared to 84,480 metric tons in the same month of 2014.
SOCAR exported 932,160 metric tons of oil via the Baku-Novorossiysk pipeline in 2014, compared to 1.75 million metric tons in 2013.
SOCAR transships the oil produced at its own fields, as well as the oil of joint ventures and operation companies operating at Azerbaijan's onshore fields through Novorossiysk. Oil is delivered to the port via the Baku-Novorossiysk pipeline operated by SOCAR.
SOCAR and Russian Transneft have already signed an agreement, according to which SOCAR will transport 1.7 million metric tons of oil produced by it independently onshore and offshore via the Baku-Novorossiysk pipeline in 2015.
Edited by CN
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