SOCAR cuts oil exports from Novorossiysk
Baku, Azerbaijan, May 3
By Maksim Tsurkov – Trend:
Azerbaijan’s state oil company SOCAR exported nearly 400,000 tons of oil via the Baku-Novorossiysk pipeline in January-April 2018 compared to 489,210 tons in January-April 2017, according to the Energy Ministry of Russia.
In April, SOCAR exported 80,000 tons of oil from 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.
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