SOCAR to export 1.5 million tonnes of oil via Baku-Novorossiysk pipeline next year
APA Azeri Press Agency

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

[ 12 October 2017 15:15 ]

 

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.