SOCAR oil export via Baku-Novorossiysk pipeline up
Baku, Azerbaijan, Apr. 4
By Maksim Tsurkov – Trend:
Azerbaijan’s state oil company SOCAR exported 404,410 tons of oil via the Baku-Novorossiysk pipeline in the first quarter of 2017 as compared to 79,940 tons in the same period of 2016, SOCAR said in a message posted on its website Apr. 3.
The company exported 244,640 tons of oil from the Russian port of Novorossiysk in March 2017.
SOCAR exported 1.22 million tons of oil via the Baku-Novorossiysk pipeline in 2016 versus 1.27 million tons in 2015.
SOCAR exports the oil produced at its own fields, as well as the oil from 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.
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