SOCAR Exports to 2 mln Tons of Oil via Baku- Novorossisk
OREANDA-NEWS. August 23, 2010. Russia expects that the State Oil Company of Azerbaijan (SOCAR), at least will preserve volumes of oil export via pipeline Baku-Novorossisk.
According to a sales representative of Russia in Azerbaijan Yuriy Shedrin, over the first half of year SOCAR has already exported 1.048 million tons of Azerbaijani oil via the conduit.
“According to the company’s plans, following the results of 2010, export via the pipeline will make 2 million tons,” Y. Shedrin said.
Baku-Novorossisk is the third in regard to significance export pipeline of Azerbaijan after Baku-Tbilisi-Ceyhan and Baku-Supsa.
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