Bank Of Baku

Azerbaijan raises oil exports from Novorossiysk Port

Azerbaijan raises oil exports from Novorossiysk Port
# 03 November 2008 15:58 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The Marketing Department of the State Oil Company of Azerbaijan (SOCAR) exported 83 678 tons of crude oil from Russia’s Novorossiysk Port during October.
The company press service said in total 1 031 325 tons of crude was exported through this route during January-October, a 4.3% rise on the same period last year.
Brent oil was sold at $71.87, Urals oil at $70.51 and BTC FOB Ceyhan at $73.14 per barrel in October.
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