Baku, Azerbaijan, April 2
By Maksim Tsurkov – Trend:
Azerbaijan’s state oil company SOCAR exported about 319,000 tons of oil via the Baku-Novorossiysk pipeline in the first quarter of 2018 compared to 404,410 tons in January-March 2017, according to the Energy Ministry of Russia.
In March, SOCAR exported 160,000 tons of oil from Novorossiysk.
SOCAR pumped 1.5 million tons of oil via the Baku-Novorossiysk pipeline in 2017 compared to 1.3 million tons in 2016.
The Baku-Novorossiysk pipeline is 1,147 kilometers long. 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 highest capacity stands at 105,000 barrels a day.
In 2018, SOCAR plans to pump about 1.5 million tons of oil, produced at onshore and offshore fields of the country, via the Baku-Novorossiysk pipeline.
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