Azerbaijani Oil Income in October 2016

Azerbaijani Oil Income in October 2016

The State Oil Company of Azerbaijan Republic (SOCAR) reports that its oil export grew by 45.5% in October 2016 compared with previous month. The SOCAR reports that it exported 2.017 million tons of oil against 1.386 million tons in September, 1.53 million tons in August and 1.924 million tons in July (this year’s best indicator). At that, October’s oil export via Baku-Novorossiysk oil pipeline reached 80,192 tons (versus 169,279 tons in September), Baku-Supsa – 267,643 tons (274,705 tons), and Baku-Tbilisi-Ceyhan (BTC) n.a. Heydar Aliyev oil pipeline – 1.669 million tons (942,882 tons).

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