Does SOCAR want to supply oil via Baku-Novorossiysk again?

SOCAR has started negotiations with Transneft on prolongation of commercial pumping of Azerbaijani oil via the Baku-Novorossiysk pipeline, Russian mass media report.

Azerbaijan transported its oil via the Baku-Novorossiysk pipeline from 1997. According to Transneft, in the recent five years Azerbaijan didn’t meet terms of the agreement and transported only 2 million tons per year that is 2.5 less than the contract provided for.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer