Azerbaijani Oil Export Declined by 15.0 % in August 2015

Azerbaijani Oil Export Declined by 15.0 % in August 2015

State Oil Company of Azerbaijan Republic (SOCAR) exported 1 million 211 thousand 122 toness oil in August 2015. SOCAR exported 84 thousand 913 tons of crude oil from Novorossiysk port, 254 thousand 422 tons of crude oil from the Supsa Port, and 871 thousand 787 tons of crude oil from the Ceyhan Port in August 2015. In general, 930 thousand 671 tons of crude oil were exported from the Novorossiysk Port, 1 million 864 thousand 59 tons of crude oil – from the Supsa Port, and 11 million 272 thousand 41 tons of crude oil from the Ceyhan Port during January-August 2015. The indices of crude oil exported by the SOCAR reflect the volumes of crude oil belonging to both State of Azerbaijan and Company.

In August 2015, price for Brent crude oil in the world market was $46,65 US per barrel, Urals oil – $46,14 US, and BTC FOB Ceyhan crude oil – $48,17 US…

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