SOCAR raises oil exports via Novorossiisk in 2004

Jan 12, 2005 01:00 AM

The State Oil Company of the Azerbaijani Republic (SOCAR) shipped 2.559 mm tons of oil out of the port at Novorossiisk in 2004, a 3.1 % increase from the year prior, SOCAR told.
Oil transport via the Baku-Novorossiisk route came to 2.424 mm tons, 2.8 % less than in 2003.

SOCAR put 163,600 tons through the Baku-Novorossiisk pipeline in December 2004 alone. It plans to export 2.5 mm tons of oil in 2004 as a whole.
SOCAR transported 215,000 tons of oil through this pipeline for Azerbaijan International Operating Company in 2004.

Source: Interfax
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