SOCAR to Sell Oil of JV and OC from Novorossisk Port

Oil&Gas Materials 1 February 2007 13:32 (UTC +04:00)

Between February 2nd and 3rd the State Oil Company of Azerbaijan (SOCAR) will sell a batch of oil from joint ventures and operating companies working on the onshore fields in Azerbaijan via Novorossisk Portm, Trend reports referring to the SOCAR,

The batch of oil is 60,000 tons. This batch of the oil will be sent via Baku-Novorossisk pipeline.

During 2006 SOCAR exported approximately 3,462 mln tons of raw oil. In 2006 SOCAR exported 1,172 mln tons of oil via Baku-Novorossisk pipeline (in 2005 вЂ" 1,631 mln).