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SOCAR to send 170,000 tons of oil via Baku-Novorossiysk pipeline

Oil&Gas Materials 29 August 2017 15:16 (UTC +04:00)

Baku, Azerbaijan, Aug. 29

By Maksim Tsurkov – Trend:

Azerbaijan’s state oil company SOCAR will send around 170,000 tons of oil via the Baku-Novorossiysk pipeline in September 2017, a source in SOCAR told Trend.

According to the plans, SOCAR plans to send 425,000 tons of oil via the Baku-Novorossiysk pipeline in the third quarter of 2017.

SOCAR sent 330,000 tons of oil via the Baku-Novorossiysk pipeline in 2Q17, and around 325,000 tons in 1Q17.

SOCAR transported 1.22 million tons of oil via the Baku-Novorossiysk pipeline in 2016, as compared to 1.27 million tons in 2015.

The company plans to transport 1.5 million tons of oil via the Baku-Novorossiysk pipeline in 2017.

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Follow the author on Twitter: @MaksimTsurkov

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