Bank Of Baku

Azerbaijan decreases oil export in 2011

Azerbaijan decreases oil export in 2011
# 05 January 2012 13:54 (UTC +04:00)
Baku. Ali Ahmadov – APA-Economics. SOCAR Marketing and Economic Operations Department exported 155.663 thousand tons of crude oil through Novorossiysk port (Black sea, Russia), 161.697 thousand tons – through Supsa port (Black sea, Georgia), 1,645.230 thousand tons – Jeyhan port (Mediterranean sea, Turkey). Compared to last year, oil export through Novorossiysk port dropped 6%, through Jeyhan port decreased by 49%.

SOCAR says in total, 1,988.429 thousand tons of crude oil was exported through Novorossiysk port, 2,652.111 thousand tons through Supsa port, 22,969.480 thousand tons through Jeyhan port.

The volume of oil exported in Novorossiysk direction decreased by 11.2% in comparison with last year, the volume of oil exported from Jeyhan port decreased by 38.4%.
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