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Azerbaijan International Operating Company Increases Oil Export

Oil&Gas Materials 7 August 2007 13:33 (UTC +04:00)

Azerbaijan, Baku / Trend / In January to July of 2007 the Azerbaijan International Operating Company (AIOC), which is involved in the development of the Azeri- Chirag -Guneshli fields (ACG) has exported 17.453mln tons of Azeri Light oil, 9.8mln tons more than last year.

In April 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 that in January to July of 2007 exports were terminated via the Baku-Supsa (western route) due to repairs to the pipeline.

In January to July of 2006 a total of 4,164 mln tons of oil was transported via this route. In January to July export via the Baku-Novorossiysk (northern pipeline) made up 696,800 tons in comparison to 2.307mln tons over the first seven months of 2006. Export in the Georgian direction towards the Batumi port made up 749,125mln tons of oil in January to July of 2007, as compared to 2.932mln tons in the same period of 2006. During this period 15.97mln tons of oil was transported through the Baku-Tbilisi-Ceyhan pipeline

In July, AIOC (excluding ExxonMobil and Devon companies) terminated oil export via the Baku-Novorossiysk route and in the direction of Batumi port. In July 2006 a total of 299,574 tons and 328,732 tons of oil was transported in this direction respectively. In July 2007, 2.853mln tons of oil was exported via the Baku-Tbilisi-Ceyhan pipeline. Export via this route commenced in June 2006.

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