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SOCAR’s oil export via Baku-Novorossiysk pipeline down

Oil&Gas Materials 8 February 2018 18:54 (UTC +04:00)

Baku, Azerbaijan, Feb. 8

By Maksim Tsurkov – Trend:

Azerbaijan’s state oil company SOCAR exported 79,700 tons of oil via the Baku-Novorossiysk pipeline in January 2018 as compared to 79,900 tons in the same period of 2017, a source in the country’s oil and gas market told Trend Feb. 8.

SOCAR exported around 1.5 million tons of oil via the Baku-Novorossiysk pipeline in 2017 as compared to 1.22 million tons in 2016.

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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Follow the author on Twitter: @MaksimTsurkov

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