SOCAR increased oil export via Novorossiysk in Q1, 2015

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.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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