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Home International Customs

SOCAR reduces oil export in Sep

byCT Report
04/10/2016
in International Customs, World Business
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BAKU: The SOCAR Marketing & Economic Operations Department announced that its oil export fell by 9.4% in September versus August when the decline reached 20.4%. The SOCAR reports that it exported 1.386 million tons of oil against 1.53 million tons in August and 1.924 million tons in July (this year’s best indicator).

At that, September’s oil export via Baku-Novorossiysk oil pipeline reached 169,279 tons (versus 169,702 tons in August and 79,992 tons in June), Baku-Supsa – 274,705 tons (81,177 tons  and 274,676 tons), and Baku-Tbilisi-Ceyhan (BTC) n.a. Heydar Aliyev oil pipeline – 942,882 tons (1.274 million tons and 1.57 million tons). “For Jan-Sept 2016 Azerbaijan exported totally 15.07 million tons of oil via the standard routes, including supplies through Kulevi port – 15.089 million tons,” SOCAR says.

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Over Jan-Sept export of oil via Baku-Novorossiysk pipeline made up 898,048 tons, Baku-Supsa – 1.85 million tons, and BTC – 12.3 million tons. Also in February it was recorded the export of Azerbaijan’s crude oil through the Black Sea port of SOCAR in Georgian Kulevi – 14,946 tons, but for March-Sept transshipment of crude oil through it was not carried out.

In 2015 the oil export in the line of the MEOD reached 21.996 million tons, including 1.27 million tons to Novorossiysk, 2.79 million tons to Supsa, and 17.9 million to Ceyhan. For comparison, the Department carried out the best oil export in 2011 – 27.609 million tons, and in June of 2011 it registered the peak of monthly export – 2.57 million tons. In 2011 oil transportation via Baku–Novorossiysk totaled 1.988 million tons, via Baku–Supsa – 2.65 million tons, and BTC – 22.969 million tons. SOCAR notes that the MEOD exports both its own oil and oil falling on the share of the government within PSA contracts.

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