SOCAR’s oil export via Baku-Novorossiysk pipeline up
Baku, Azerbaijan, Sept. 5
By Maksim Tsurkov – Trend:
Azerbaijan’s state oil company SOCAR exported 988,030 tons of oil via the Baku-Novorossiysk pipeline in January-August 2017 as compared to 728,770 tons in the same period of 2016, SOCAR said Sept. 5.
The company exported 254,360 tons of oil from the Russian port of Novorossiysk in August 2017 as compared to 169,700 tons in the same period of 2016. In July 2017, SOCAR didn’t export oil from Novorossiysk due to weather conditions in the Russian port.
The company exported 1.22 million tons of oil via the Baku-Novorossiysk pipeline in 2016 as compared to 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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