Azerbaijan may increase volume of oil pumping via Baku-Novorossiysk pipeline

Azerbaijan may increase volume of oil pumping via Baku-Novorossiysk pipeline

In February 2019, the Azerbaijani state oil company SOCAR intends to increase oil pumping through the Baku-Novorossiysk pipeline up to 85,000 tons, a source, having the corresponding information, said, Trend reports.

"In January, 80,000 tons of oil are planned to be shipped in the northern direction, while in general, 320,000-325,000 tons of oil are planned to be pumped through this pipeline in the first quarter of 2019," the source said.

SOCAR pumped 170,000 tons of oil through the Baku-Novorossiysk pipeline in December.

SOCAR pumped 1.3 million tons of oil via the Baku-Novorossiysk pipeline in 2018 compared to 1.5 million tons in 2017.

It was earlier reported that Azerbaijan plans to export 1.5 million tons of oil via the Baku-Novorossiysk pipeline in 2019.

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