Azerbaijan to pump 170,000 tons of oil via northern route in October

Azerbaijan to pump 170,000 tons of oil via northern route in October The State Oil Company of Azerbaijan (SOCAR) increased oil exports via the Baku-Novorossiysk pipeline to 754,000 tons in January-September this year.
Energy
October 5, 2021 14:59
Azerbaijan to pump 170,000 tons of oil via northern route in October

The State Oil Company of Azerbaijan (SOCAR) increased oil exports via the Baku-Novorossiysk pipeline to 754,000 tons in January-September this year.

According to SOCAR, this is 424,000 tons or 2.3 times more than in January-September 2020, Report informs, referring to the oil major.

According to the report, SOCAR transported 754,000 tons of oil via the northern route in the first nine months of 2021: "In October, it is planned to transport 170,000 tons of crude oil via this route."

SOCAR and Transneft signed an agreement to transport over 1 million tons of oil through the Baku-Novorossiysk pipeline in 2021. In 2020, SOCAR transported a total of 613,290 tons of oil through this pipeline.

In 2022, SOCAR plans to transport 1.2 million tons of oil via the northern route.

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