SOCAR increases oil export from Novorossiysk port

# 16:34
5 September 2017

In August 2017, the State Oil Company of Azerbaijan Republic (SOCAR) exported 254,363 tons of crude oil via the Novorossiysk port, up 49.89% compared to the same period of 2016 and down 3.83% compared to July of this year.


In the first eight months of 2017, SOCAR exported 988,280 tons of oil through the Novorossiysk port, up 35.57% compared to the same period of last year.


Figures of crude oil exported by SOCAR reflect the volume of oil that belongs to both the Azerbaijani state and the company.