Azerbaijan, Baku, July 29 / Trend , E.Ismayilov /
The State Oil Company of Azerbaijan Republic (SOCAR) has finished the process of oil transportation via the Baku-Novorossiysk pipeline, scheduled for July, a source said on July 29.
The pumping was ceased due to the scheduled prophylactic work in the Russian section, a source at the oil and gas market said on May 18
"In accordance with the planned volume, oil pumping finished today at 03:45," said the source.
Oil pumping via the pipeline will be restored at 09:00 on Aug. 1.
In August, because of the planned technical works, the Azerbaijani oil transportation through the Baku-Novorossiysk will be suspended three times for 24 hours, said a source. Under the schedule, oil pumping via the pipeline will be suspended on Aug. 12, 18 and 25 at eight o'clock every day.
In August, it is planned to pump 240,000 tons of the Azerbaijani oil via the pipeline. Under the schedule, the pipeline will pump oil on Aug. 1-27 August (end at 09:00), said the source.
According to the forecast, the pipeline will transport 140,000 tons of oil in September, 248,000 in October, 240,000 tons in November, and 140,000 tons in December.
SOCAR ships own oil via the Novorossiysk port. In January to June over 1.2 million tons of oil was supplied by this pipeline. As many as 170,500 tons of oil was delivered via this route in June.
Totally, it is planned to pump 2.55 million tons of oil via this route in 2009 as compared to 1.3 million tons in 2008.
Today, via the Baku - Novorossiysk oil pipeline, Azerbaijan receives (at the port of Novorossiysk) Urals brand oil because of mixing with other oil producers.
The operator of the Baku-Novorossiysk was the Azerbaijan International Operating Company until the end of 2007. The SOCAR began to operate the pipeline since 2007.
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