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1Q19 plans on oil pumping through Baku-Novorossiysk revealed

Oil&Gas Materials 24 December 2018 20:08 (UTC +04:00)

Baku, Azerbaijan, Dec. 24

By Taleh Mursagulov - Trend:

In 1Q2019, Azerbaijan's state oil company SOCAR will pump 325,000 tons of oil via the Baku-Novorossiysk pipeline, Trend reports referring to a source in the energy market.

The volume of oil pumped via the Baku-Novorossiysk pipeline by SOCAR in 2018 will amount to 1.299 million tons, while in December 2018, it is planned to pump about 170,000 tons of oil through Russia.

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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