Baku, Azerbaijan, July 3
By Maksim Tsurkov – Trend:
Azerbaijan’s state oil company SOCAR exported 733,660 tons of oil via the Baku-Novorossiysk pipeline in January-June 2017 as compared to 479,070 tons in the same period of 2016, SOCAR said July 3.
The company exported 159,830 tons of oil from the Russian port of Novorossiysk in June 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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