SOCAR exports over 1.8 mln tons of oil via Baku-Novorossiysk pipeline in Jan.-Nov.

Oil&Gas Materials 1 December 2011 20:33 (UTC +04:00)

Azerbaijan, Baku, Dec. 1 / Trend , E.Ismayilov/

SOCAR exported about 1.83 million tons of oil via the Baku-Novorossiysk pipeline in January-November compared to about 2.07 million tons in January-November 2010, SOCAR said today.

SOCAR exported about 294,100 tons of oil from Novorossiysk in November compared to about 294,000 tons in November 2010.

SOCAR exported 2.24 million tons of oil from Novorossiysk in 2010 compared to 2.5 million tons in 2009.

SOCAR transships its own oil, as well as oil of joint ventures and operating companies operating in Azerbaijan's onshore fields, through Novorossiysk.

Until late 2007, AIOC was the operator of Baku-Novorossiysk. The structure then transferred these functions to SOCAR.