Baku, Azerbaijan, Sept.11
By Maksim Tsurkov - Trend:
The State Oil Company of Azerbaijan (SOCAR) will pump 170,000 tons of oil via Baku-Novorossiysk oil pipeline in September 2015, a source at SOCAR told Trend Sept.11.
"We plan to supply about 170,000 tons of oil this month," said the source. "A detailed volume of shipments for the last quarter of the year will become known a little bit later. In addition, we are co-coordinating the pumping volumes for 2016 with the Russian side now. In general, the process is underway, and we intend to fulfill our obligations," the source said.
The State Oil Company plans to export 1.7 million metric tons of oil in 2015.
SOCAR transported 932,160 metric tons of oil via the Baku-Novorossiysk pipeline in 2014, compared to 1.75 million metric tons in 2013.
SOCAR has been operating Baku-Novorossiysk oil pipeline since 2008. The company took over the operatorship from Azerbaijan International Operating Company (AIOC - headed by BP).
The length of Baku-Novorossiysk pipeline is 1,147 kilometers: the length of its Azerbaijani section is 231 kilometers and Russian section - 916 kilometers.
The pipeline was filled with oil in October 1996, according to SOCAR. Its maximum capacity stands at 105,000 barrels per day.
SOCAR exported 930,670 metric tons of oil via Baku-Novorossiysk in Jan.-Aug. 2015, or 37.3 percent more than in the same period of 2014.
Edited by CN---
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