The State Oil Company of Azerbaijan (SOCAR) does not plan to refuse the Baku-Novorossiysk oil pipeline for the export of its oil, head of SOCAR Natig Aliyev stated at the news conference on 12 August. В"I would like to say openly- this pipeline we need”, he said.
According to him, today it would not be correct to reject the Baku-Novorossiysk pipeline. “It is the alternative pipeline for us”, he said.
В"Transneft” has no bank of quality for us, and we lose money by sale while mixing up various brands of oil. However, both we, and BP sell oil from Novorossiysk- it does not depend on us”, head of SOCAR noted.