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SOCAR reveals volume of oil transportation through Russia

Oil&Gas Materials 29 September 2017 13:10 (UTC +04:00)

Baku, Azerbaijan, Sept. 29

By Maksim Tsurkov – Trend:

Azerbaijan’s state oil company SOCAR will send about 170,000 tons of oil via the Baku-Novorossiysk pipeline in October 2017, a source in SOCAR told Trend Sept. 29.

According to the plans, SOCAR plans to send 420,000 tons of oil via the Baku-Novorossiysk pipeline in 4Q17.

SOCAR sent 425,000 tons of oil in 3Q17, 330,000 tons – in 2Q17 and 325,000 tons – in 1Q17 via the Baku-Novorossiysk pipeline.

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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