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SOCAR increases oil export via Baku-Novorossiysk pipeline by 15pct

31 January 2018 12:50 (UTC+04:00)
SOCAR increases oil export via Baku-Novorossiysk pipeline by 15pct

By Sara Israfilbayova

The State Oil Company of Azerbaijan SOCAR exported 1.49 million tons of oil via the Baku-Novorossiysk pipeline in 2017.

Last year SOCAR exported 15 percent more oil via the Baku-Novorossiysk pipeline than in 2016.

Baku-Novorossiysk oil pipeline in northern direction is 1,330 km long. The Azerbaijani section of the pipeline is operated by SOCAR and the Russian section is operated by Transneft.

Filling the pipeline with oil started in October of 1996. Maximum throughput capacity of the pipeline is 105,000 barrels a day.

The Baku-Novorossiysk oil pipeline has 3 pump stations (Sangachal, Sumgayit and Siyazan). Metering station of the pipeline is located in Shirvanovka.

SOCAR is a wholly state-owned national oil company headquartered in Baku, Azerbaijan. The company produces oil and natural gas from onshore and offshore fields in the Azerbaijani section of the Caspian Sea.

The company includes such production associations as Azneft (the enterprises producing oil and gas onshore and offshore), Azerikimya (the chemical enterprises) and Azerigas (distributor of gas produced in the country), as well as oil and gas processing plants, service companies, and the facilities involved in geophysical and drilling operations.

Currently, SOCAR is the only producer of petroleum products in the country, and operates more than 370 petrol stations in Switzerland, Georgia, Romania and Ukraine.

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