Rosneft has secretly discussed Baku-Novorossiysk pipeline

On November 9th, the Board of Directors of Rosneft held the secret session and did not make public the decisions made. The reason for the secrecy is the discussion of reversing of the Baku-Novorossiysk pipeline because its realization could cause serious damage to Russia.

The Baku-Makhachkala- Novorossiysk pipeline transports now 6 million tons of oil. 1.5-2 million tons of Azeri oil was annually supplied via Baku-Makhachkala, and then it was mixed with 4 million tons of oil from Kazakhstan, Turkmenistan and the Caspian deposits of Lukoil.

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