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SOCAR reveals oil pumping volume via Baku-Novorossiysk pipe for May

Oil&Gas Materials 3 May 2018 13:01 (UTC +04:00)

Baku, Azerbaijan, May 3

By Maksim Tsurkov – Trend:

Azerbaijan’s state oil company SOCAR will pump 80,000 tons of oil via the Baku-Novorossiysk pipeline in May 2018, a source in SOCAR told Trend.

"In May 2018, oil exports from the Novorossiysk port are planned at about 80,000 tons," the source said.

In the second quarter of 2018, SOCAR, according to plans, will pump about 320,000 tons of oil via the Baku-Novorossiysk oil pipeline.

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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