Baku, Azerbaijan, Dec. 30
By Maksim Tsurkov – Trend:
Azerbaijan’s state oil company SOCAR will pump about 80,000 tons of oil via the Baku-Novorossiysk oil pipeline in January 2017, a source in SOCAR told Trend Dec. 30.
SOCAR will pump about 325,000 tons of oil via the Baku-Novorossiysk pipeline in the 1Q2017, according to the plan.
It is expected that the company will transport 1.3 million tons of oil via the Baku-Novorossiysk pipeline in 2016, as compared to 1.27 million tons in 2015.
SOCAR exports the oil produced at its own fields, as well as the oil from joint ventures and operation companies working in Azerbaijan’s onshore fields, through Russia’s Novorossiysk port.
Oil is delivered to the port via the Baku-Novorossiysk pipeline operated by SOCAR.
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