Bank Of Baku

SOCAR cuts exports of crude from Novorossiysk Port by 7%

SOCAR cuts exports of crude from Novorossiysk Port by 7%
# 02 February 2010 16:47 (UTC +04:00)
Baku. Rashad Suleymanov – APA-ECONOMICS. The Marketing Department of the State Oil Company of Azerbaijan (SOCAR) exported 129765 tonnes of crude oil from Russia’s Novorossiysk Port during January, 2010.

The company press service said this volume is a 7.4% decline from December.

Brent oil was sold at $76.19, Urals oil at $76.09 and BTC FOB Ceyhan at $77.58 per barrel on average in January.
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