SOCAR reveals oil pumping volume via Baku-Novorossiysk pipeline
Baku, Azerbaijan, March 27
By Maksim Tsurkov – Trend:
Azerbaijan’s state oil company SOCAR will pump around 320,000 tons of oil via the Baku-Novorossiysk pipeline in the second quarter of 2018, a source in SOCAR told Trend.
The source noted that Russia's Transneft already approved the pumping of these volumes.
In the first quarter of 2018, SOCAR pumped 320,000 tons of oil through Baku-Novorossiysk.
SOCAR pumped 1.5 million tons of oil via the Baku-Novorossiysk pipeline in 2017 compared to 1.3 million tons in 2016.
The Baku-Novorossiysk pipeline is 1,147 kilometers long. The length of its Azerbaijani section is 231 kilometers and Russian section - 916 kilometers. The pipeline was filled with oil in October 1996, according to SOCAR. Its highest capacity stands at 105,000 barrels a day.
In 2018, SOCAR plans to pump about 1.5 million tons of oil, produced at onshore and offshore fields of the country, via the Baku-Novorossiysk pipeline.
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