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SOCAR reveals oil pumping volumes via Baku-Novorossiysk pipeline

Economy Materials 28 February 2018 15:43 (UTC +04:00)

Baku, Azerbaijan, Feb. 28

By Maksim Tsurkov – Trend:

Azerbaijan’s state oil company SOCAR will pump around 160,000 tons of oil via the Baku-Novorossiysk pipeline in March 2018, a source in SOCAR told Trend Feb. 28.

"Around 160,000 tons of oil are planned to be pumped via the Baku-Novorossiysk pipeline in March 2018,” the source said.

According to the plans, SOCAR will pump around 320,000 tons of oil via the Baku-Novorossiysk pipeline in January-March 2018.

SOCAR pumped 1.5 million tons of oil via the Baku-Novorossiysk pipeline in 2017 compared to 1.3 million tons in 2016.

The Baku-Novorossiysk pipeline is 1,147 kilometers long. The length of its Azerbaijani section is 231 kilometers and Russian section - 916 kilometers.

The pipeline was filled with oil in October 1996, according to SOCAR. Its highest capacity stands at 105,000 barrels a day.

In 2018, SOCAR plans to pump about 1.5 million tons of oil, produced at onshore and offshore fields of the country, via the Baku-Novorossiysk pipeline.

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Follow the author on Twitter: @MaksimTsurkov

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