SOCAR decrease oil shipment from Novorossiysk

Oil&Gas Materials 2 November 2005 18:44 (UTC +04:00)

From January to October the State Oil Company of Azerbaijan (SOCAR) shipped 1,377m tons of Ural oil from the Novorossiysk port against 2,12m tons as compared 2004, the SOCAR told Trend.

According to the SOCAR, in October the Company shipped 78,640 tons of Ural oil from the port against 269,200 tons as compared October 2004.

In 2004 the SOCAR sold 2559,100 tons of oil from the Novorossiysk port, or 77,100 tons more as compared 2003. The tariff on transportation via the Baku-Novorossiysk pipeline is $15.67 per ton oil.