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SOCAR announces volume of oil export via Baku-Novorossiysk pipeline

Oil&Gas Materials 6 February 2013 14:45 (UTC +04:00)
The State Oil Company of Azerbaijan (SOCAR) exported 2629 tons of oil via the Baku-Novorossiysk pipeline in January 2013 compared to about 79,600 tons in January 2012, SOCAR said on Tuesday.

Azerbaijan, Baku, Feb.6 /Trend E.Ismayilov/

The State Oil Company of Azerbaijan (SOCAR) exported 2629 tons of oil via the Baku-Novorossiysk pipeline in January 2013 compared to about 79,600 tons in January 2012, SOCAR said on Tuesday.

The company exported 2.06 million tons of oil via the Baku-Novorossiysk pipeline in 2012 compared to 1.99 million tons in 2011.

Exports in 2009 were 2.5 million tons. In 2008, SOCAR exported 1.2 million tons of oil via the Baku-Novorossiysk compared to 1.2 million tons of oil in 2007, which is the same as in 2006. In 2005, the figure was 1.6 million tons.

SOCAR tranships its own oil, as well as that of joint ventures and operating companies functioning in Azerbaijan's onshore fields via Novorossiysk.

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

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