SOCAR increases oil exports from Novorossiysk port

SOCAR increases oil exports from Novorossiysk port The Marketing and Economic Transactions Office of the Azerbaijani State Oil Company (SOCAR) in September exported 159,600 tonnes of crude oil from the Novorossiysk port. This figure is 29,955 tonnes or 23% more compared to August, Gun.Az reports, referring to the company’s website. In September, SOCAR exported 322,980 tonnes of crude oil from the Supsa port, while 1,654,929 from the Ceyhan... Read More

SOCAR Oil Export Declined by 7 % in the first quarter of 2012

SOCAR Oil Export Declined by 7 % in the first quarter of 2012 The State Oil Company of Azerbaijan exported 5,2 million tonnes of oil via all routes including Baku-Novorossiysk, BTC and Baku-Supsa pipelines in the first quarter of 2012 which is 7,2  % lower than compare with the same period last year. SOCAR exported 5,6 million tonnes in the first three months of 2011 . Sources at the SOCAR mentioned that Baku-Novorossiysk exported 496,8 thousand... Read More

Azeri Oil Export Significantly Down in 2011

Azeri Oil Export Significantly Down in 2011 Azerbaijan’s overall export of oil products dropped by 21.6% in 2011. SOCAR exported 155.663 thousand tons of crude oil through Novorossiysk port (Black sea, Russia), 161.697 thousand tons – through Supsa port (Black sea, Georgia), 1,645.230 thousand tons – Jeyhan port (Mediterranean sea, Turkey). Compared to December, 2010, oil export through Novorossiysk port dropped 6%, through Jeyhan port decreased... Read More