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Transportation of oil through Baku-Novorossisk pipeline in winter period may be beneficial for Russian producers

Oil&Gas Materials 29 August 2006 20:39 (UTC +04:00)

Reserve regime of work of Baku-Novorossisk pipeline for transportation of the oil of Russian producers through Baku-Tbilisi-Ceyhan pipeline may be beneficial in winter period,Trend has been told in the State Oil Company of Azerbaijan (SOCAR).

Russian producers should themselves calculate how much they will spend on transportation of their oil to Ceyhan port, taking into consideration all transport expenses. According to our calculations, it will be beneficial for them in winter period, the same source told.

Touching on the possibility of exporting oil by the third country through Baku-Novorossisk pipeline (from Baku), it was stated in SOCAR that the third country may not ship oil through this pipeline because according to the agreement with the Russian side, the oil should be Azerbaijani oil on the certificate.

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