SOCAR increased oil export via Novorossiysk in Q1, 2015
Edited by Rhod Mackenzie / 2015-05-05 07:20:40
Oil export by SOCAR via Novorossiysk port increased by 50% in the first quarter of 2015. SOCAR transported 508.8 thousand tons of oil in the first 3 months of 2015.
Oil transit from Azerbaijan via the north route is carried out under the terms of a commercial contract, dated February 18, 2014 between SOCAR and Transneft.