Bank Of Baku

SOCAR negotiates with Russia to increase Baku-Novorossiysk Pipeline capacity to 5 million tons

SOCAR negotiates with Russia to increase Baku-Novorossiysk Pipeline capacity to 5 million tons
# 20 September 2008 10:46 (UTC +04:00)
Baku. Rashad Suleymanov-APA-Economics. State Oil Company of Azerbaijan (SOCAR) is negotiating with Russian side on the enhancement of the annual throughput capacity of the Baku-Novorossiysk Pipeline to 5 million tons, said Rovnag Abdullayev, President of SOCAR.
He added that SOCAR exported its share of oil from Azeri-Chirag-Guneshli via this route during hostilities in Georgia.
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THE OPERATION IS BEING PERFORMED