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SOCAR’s oil export via Baku-Novorossiysk pipeline up

Oil&Gas Materials 5 December 2017 16:02 (UTC +04:00)

Baku, Azerbaijan, Dec. 5

By Maksim Tsurkov – Trend:

Azerbaijan’s state oil company SOCAR exported 1.41 million tons of oil via the Baku-Novorossiysk pipeline in January-November 2017 as compared to 1.14 million tons in the same period of 2016, SOCAR told Trend Dec. 5.

The company exported 164,620 tons of oil from the Russian port of Novorossiysk in November 2017 as compared to 159,710 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.

Follow the author on Twitter: @MaksimTsurkov

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