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

Oil&Gas Materials 24 May 2018 20:25 (UTC +04:00)

Baku, Azerbaijan, May 24

By Maksim Tsurkov – Trend:

Azerbaijan’s state oil company SOCAR will pump about 160,000 tons of oil via the Baku-Novorossiysk pipeline in June 2018, a source familiar with the situation told Trend May 24.

"In June 2018, oil exports from the Novorossiysk port are planned at about 160,000 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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