Baku, Azerbaijan, June 1
By Azad Hasanli - Trend:
Azerbaijan's state oil company SOCAR exported 319,500 tons of oil via Baku-Novorossiysk pipeline in January-May 2016, as compared to 678,460 tons in the same period of 2015, said SOCAR's message posted on its website.
SOCAR exported nearly 79,960 tons of oil from Novorossiysk port in May 2016.
The company exported 1.27 million tons of oil via the Baku-Novorossiysk pipeline in 2015, as compared to 932,160 tons in 2014.
SOCAR exports 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.