SOCAR’s oil export via Baku-Novorossiysk pipeline up
Baku, Azerbaijan, Nov. 2
By Anvar Mammadov – Trend:
Azerbaijan’s state oil company SOCAR exported 1.24 million tons of oil via the Baku-Novorossiysk pipeline in January-October 2017 as compared to 978,240 tons in the same period of 2016, SOCAR said Nov. 2.
The company exported 84,980 tons of oil from the Russian port of Novorossiysk in October 2017 as compared to 80,190 tons in the same period of 2016.
SOCAR 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.