Bank Of Baku

Azerbaijan slashes oil exports from Novorossiysk Port in December

Azerbaijan slashes oil exports from Novorossiysk Port in December
# 05 January 2009 10:13 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. The Marketing Department of the State Oil Company of Azerbaijan (SOCAR) exported 82 506 tons of crude oil from Russia’s Novorossiysk Port during December, down 0.25% on a month ago.
The company press service said in total 1 196 547 tons of crude was exported through this route during 2008.
Brent oil was sold at $40.35, Urals oil at $40.03 and BTC FOB Ceyhan at $41.36 per barrel in November.
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