Azerbaijan cuts oil export through Novorossiysk by 43%

Economic Department
Author

Baku. 4 November. REPORT.AZ/ During January-October 2014 the State Oil Company of Azerbaijan (SOCAR) exported 847.352 thousand tons of oil via the Baku-Novorossiysk pipeline (Black Sea, Russia).

Report was told in the company, compared to the same period of 2013, exports of oil decreased by 43.3%. In October, exports of oil via this pipeline amounted to 84.769 thousand tons.

According to the results of 2013, SOCAR exported 1,751 mln tons of oil via the northern route.

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