Baku 12° C
SOCAR doubles oil export from Novorossiysk port
Energy
- 01 May, 2017
- 13:34
Baku. 1 May. REPORT.AZ/ In January-April 2017, the State Oil Company of Azerbaijan Republic (SOCAR) has exported 489 206 tons of crude oil from Novorossiysk port (Black Sea, Russia).
Report informs referring to SOCAR, 84 793 tons of it accounted for April.
Last year the volume of exports of crude oil from the port two times higher than the same period in 2016.
Notably, Baku-Novorossiysk pipeline was built to transport crude oil to the Black Sea port through territory of Russia. The contract on transportation of Azerbaijani oil was signed on February 18, 1996 in Moscow. The oil pipeline began operating in October 1996. The first supplies of oil to the world market were carried out on October 25, 1997.
Author
Latest News
11:59
Photo
President Ilham Aliyev holds one-on-one meeting with President of Georgia Mikheil Kavelashvili
Foreign policy11:51
Vial marked 'Polonium 210' sparks scare during German Easter egg hunt
Other countries11:48
Iran IRGC intelligence chief Majid Hademi killed
Region11:44
Photo
Azerbaijan's Lankaran hosts world‑supported badminton program
Individual sports11:38
Iran, US receive plan to end hostilities, immediate ceasefire, source says
Other countries11:34
Azerbaijan to send government-business delegation to Uganda
Foreign policy11:22
Photo
Official welcome ceremony held for President Ilham Aliyev in Tbilisi
Foreign policy11:21
ASCO: Huseyn Javid dry cargo vessel returned to service after dry-docking repairs
Infrastructure11:15