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SOCAR announces volume of oil pumped via Baku-Novorossiysk in 2018

Oil&Gas Materials 21 December 2018 19:36 (UTC +04:00)

Baku, Azerbaijan, Dec. 21

By Taleh Mursagulov - Trend:

The volume of oil pumped via the Baku-Novorossiysk pipeline by the Azerbaijani state oil company SOCAR in 2018 will amount to 1.299 million tons, Trend reports referring to a source in the oil and gas market.

"In December, it is planned to pump about 170,000 tons of oil through Russia," the source said.

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.

It was earlier reported that Azerbaijan plans to export 1.5 million tons of oil via the Baku-Novorossiysk pipeline in 2019.

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Follow the author on Twitter: @TalehMursagulov

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