SOCAR to export 1.5 million tonnes of oil via Baku-Novorossiysk pipeline next year

SOCAR to export 1.5 million tonnes of oil via Baku-Novorossiysk pipeline next year
# 12 October 2017 13:15 (UTC +04:00)

SOCAR and Russia’s Transneft Company signed an agreement on transportation of Azerbaijani oil via Baku-Novorossiysk pipeline in 2018, Adnan Ahmadzade, Head of Marketing and Economic Operations Department at SOCAR, said.

According to him, this pipeline will transport 1.3-1.5 million tonnes of oil next year.

In 2017 the pipeline is planned to transport 1.3 million tonnes of Azerbaijani oil, he added.

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THE OPERATION IS BEING PERFORMED