Baku, Azerbaijan, Jan. 5
By Maksim Tsurkov – Trend:
Azerbaijan’s state oil company SOCAR exported 1.22 million tons of oil via the Baku-Novorossiysk oil pipeline in 2016 as compared to 1.27 million tons in 2015, SOCAR said in a message posted on its website Jan. 5.
The company exported 79,850 tons of oil from the Russian port of Novorossiysk in December 2016.
SOCAR exports the oil produced at its own fields, as well as the oil from joint ventures and operation companies working at 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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