SOCAR’s oil export from Russian Novorossiysk declines significantly
Baku, Azerbaijan, Feb. 1
By Maksim Tsurkov - Trend:
Azerbaijani state oil firm SOCAR exported 258 tons of oil via the Baku-Novorossiysk pipeline in January 2016, compared to 169,510 tons in January 2015, said SOCAR's message posted on its website Feb. 1.
SOCAR tranships the oil produced at its own fields, as well as the oil of joint ventures and operation companies working at Azerbaijan's onshore fields through Russia's Novorossiysk port.
Oil is delivered to the port via the Baku-Novorossiysk pipeline operated by SOCAR.
SOCAR exported 1.27 million tons of oil via the Baku-Novorossiysk pipeline in 2015, compared to 932,160 tons of oil exported in 2014.
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