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Azerbaijan Increases Export of Light Oil in January-May

Oil&Gas Materials 8 June 2007 12:26 (UTC +04:00)

Azerbaijan, Baku / corr. Trend / In January to May of 2007 the Azerbaijan International Operating Company (AIOC), which is involved in the development of the Azeri- Chirag -Guneshli fields (ACG) has exported 12.18 mln tons of Azeri Light oil, 5.19mln tons more than last year.

In May AIOC ceased exports via the Baku-Novorossiysk and by railway in the direction of the Georgian port of Batumi (except the companies Exxon and Devon, participants of the AIOC).

AIOC announced on the 7th of June that in January to May of 2007 exports had been ceased via the Baku-Supsa (western route) due to repairs in the pipeline. In January to May of 2006 a total of 2.933 mln tons of oil was transported via this route.

In January to May export via the Baku-Novorossiysk (northern pipeline) made up 696,800 tons in comparison to 1.667mln tons over the first five months of 2006. Export in the Georgian direction towards the Batumi port made up 749,125 mln tons of oil in January to May of 2007, as compared to 2.336mln tons in 2006. During this period 10.716mln tons of oil was transported through the Baku-Tbilisi-Ceyhan pipeline

In May AIOC (excluding ExxonMobil and Devon companies) terminated oil export via the Baku-Supsa route due to repairs in the pipeline. In May 2006 a total of 600,885 tons of Azeri light oil was transported in this direction.

In May AIOC (excluding ExxonMobil and Devon companies) terminated oil export via the Baku-Novorossiysk route and in the direction of Batumi port. In May 2006 a total of 332,502 tons and 497,310 tons of oil was transported in this direction respectively.

In May 2007, 2.781mln tons of oil was exported via the Baku-Tbilisi-Ceyhan pipeline. Export via this route commenced in June 2006.

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