Baku, Azerbaijan, May 1
By Maksim Tsurkov – Trend:
Azerbaijan’s state oil company SOCAR exported 489,210 tons of oil via the Baku-Novorossiysk pipeline in January-April 2017 as compared to 239,540 tons in the same period of 2016, SOCAR said in a message posted on its website May 1.
The company exported 84,790 tons of oil from the Russian port of Novorossiysk in April 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.