Nowadays oil is considered to be one of the most important raw materials. Petroleum products are widely used in various industries.
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The Western Route Export Pipeline (Baku-Supsa) operated by BP has loaded the 1,000th tanker at the Supsa terminal on the Black Sea, BP reported on November 30.
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The price of Azeri LT CIF Augusta, produced at the Azeri-Chirag-Deepwater Gunashli (ACG) field, increased by 53 cents on Feb.12 compared to the previous price, making up $62.77 per barrel, Trend reports with reference to the source from the country's oil and gas market.
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Azerbaijan exported 28.4 million tons of oil, including condensate in 2020, Azertag has reported.
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Oil transportation through the Baku-Supsa pipeline increased by 13 percent in January-September 2020, local media sources have reported.
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Baku-Tbilisi-Ceyhan and Baku-Supsa oil pipelines, Baku-Tbilisi-Erzurum gas pipeline has strongly contributed to pan-European energy security and beyond, Bulgarian MEP Ilhan Kyuchyuk told Trend.
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Baku-Supsa oil pipeline solidified close cooperation between Azerbaijan and Georgia in the energy sector, uttered high official from both sides during the 20th anniversary of the pipeline.
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The Baku-Supsa oil pipeline commissioning gave impetus to the development of the economies of both Azerbaijan and Georgia.
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The transfer of non-recognized borders of Georgia's separatist region of South Ossetia, which has affected the Baku-Supsa pipeline, is fully resolved, Georgian Ambassador to Azerbaijan Teymuraz Sharashenidze told journalists on August 7.
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The State Oil Company of the Azerbaijani Republic (SOCAR) exported 1.522 mln tons of oil via the Baku-Supsa pipeline in January-July, 2013, AzerTag state news agency reported.
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