SOCAR to increase oil pumping through Baku-Novorossiysk pipeline in Oct
Azerbaijan, Baku, Oct. 7 / Trend E.Ismayilov /
SOCAR (State Oil Company of the Azerbaijani Republic) will end pumping of Azerbaijani oil on Oct.28, scheduled for October, through Baku-Novorossiysk pipeline (northern direction), SOCAR said on Oct.7. SOCAR will pump 248,000 tons of Azerbaijani oil in October, compared to 140, 000 tons in September.
At present, average oil pumping through the Baku-Novorossiysk pipeline is 10,000 tons per day, the source said. According to the schedule, daily volume of pumping would be reduced to 6,000-6,500 tons on Oct.23.
It is planned to transport 248,000 tons in October, 240,000 tons in November and 140,000 tons in December.
SOCAR pumps own oil through Novorossiysk port. SOCAR exported more than 1.7 million tons of oil through the Baku-Novorossiysk pipeline in January-August, compared to 865,000 tons of oil in the same period of 2008, SOCAR said. In August, the company exported around 240,000 tons of oil compared to 83,000 in the same period of 2008.
SOCAR intends to increase oil export by 2.5 million tons through Baku - Novorossiysk pipeline in 2009, compared to 1.3 million tons in 2008.
At present, Azerbaijan gets Urals oil (in the port of Novorossiysk) while transportation of oil via Baku - Novorossiysk pipeline due to mixing with other producers' oil.
The Azerbaijan International Operating Company, which has transferred its functions to SOCAR, was the operator of the Baku-Novorossiysk pipeline by late 2007.
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