SOCAR to export 1.5 mln tons oil via Baku-Novorossiysk in 2018

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    The State Oil Company of Azerbaijan Republic (SOCAR) plans to export 1.5 mln tons of oil via Baku-Novorossiysk pipeline next year.

    Report informs, Adnan Ahmadzade, Chairman of SOCAR Marketing and Economic Operations Department said.

    “SOCAR does not plan to halt exploitation of Baku-Novorossiysk pipeline in the future. 1.5 million tons of Azerbaijani oil is planned to be transported through this pipeline in 2018”, he said.

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