AIRLINK 201.24 Decreased By ▼ -3.21 (-1.57%)
BOP 9.97 Decreased By ▼ -0.12 (-1.19%)
CNERGY 6.89 Decreased By ▼ -0.02 (-0.29%)
FCCL 35.36 Increased By ▲ 0.53 (1.52%)
FFL 17.15 Decreased By ▼ -0.06 (-0.35%)
FLYNG 24.21 Decreased By ▼ -0.31 (-1.26%)
HUBC 138.19 Increased By ▲ 0.79 (0.57%)
HUMNL 14.07 Increased By ▲ 0.25 (1.81%)
KEL 4.86 Decreased By ▼ -0.05 (-1.02%)
KOSM 6.66 Decreased By ▼ -0.04 (-0.6%)
MLCF 46.31 Increased By ▲ 2.00 (4.51%)
OGDC 222.54 Increased By ▲ 0.63 (0.28%)
PACE 7.06 Decreased By ▼ -0.03 (-0.42%)
PAEL 43.14 Increased By ▲ 0.17 (0.4%)
PIAHCLA 17.03 Decreased By ▼ -0.05 (-0.29%)
PIBTL 8.54 Decreased By ▼ -0.05 (-0.58%)
POWER 9.10 Increased By ▲ 0.08 (0.89%)
PPL 188.76 Decreased By ▼ -1.84 (-0.97%)
PRL 43.27 Increased By ▲ 0.23 (0.53%)
PTC 25.35 Increased By ▲ 0.31 (1.24%)
SEARL 110.42 Increased By ▲ 4.01 (3.77%)
SILK 1.03 Increased By ▲ 0.01 (0.98%)
SSGC 42.64 Decreased By ▼ -0.27 (-0.63%)
SYM 18.57 Increased By ▲ 0.26 (1.42%)
TELE 9.12 Decreased By ▼ -0.02 (-0.22%)
TPLP 13.68 Increased By ▲ 0.57 (4.35%)
TRG 68.16 Increased By ▲ 0.03 (0.04%)
WAVESAPP 10.27 Increased By ▲ 0.03 (0.29%)
WTL 1.87 No Change ▼ 0.00 (0%)
YOUW 4.01 Decreased By ▼ -0.08 (-1.96%)
BR100 12,220 Increased By 82.9 (0.68%)
BR30 37,317 Increased By 171.8 (0.46%)
KSE100 115,845 Increased By 572.7 (0.5%)
KSE30 36,476 Increased By 164.8 (0.45%)
Markets

Azerbaijan ships 164,900 T of oil via Russia in Sept

Azerbaijan shipped 164,900 tonnes of oil via Russia in September, two months after it resumed shipments after a fou
Published October 2, 2019
  • Azerbaijan shipped 164,900 tonnes of oil via Russia in September, two months after it resumed shipments after a four month break due to pipeline maintenance.
  • Oil exports via Russia in January-September of this year totalled 489,600 tonnes.

BAKU: Azerbaijan shipped 164,900 tonnes of oil via Russia in September, two months after it resumed shipments after a four month break due to pipeline maintenance, state oil company SOCAR said on Wednesday.

SOCAR stopped supplies to Russia's Black Sea port of Novorossiisk after planned maintenance on the Baku-Novorossiisk pipeline started on March 1, and cancelled the loading of two 80,000-tonne cargoes.

The company diverted crude flows to its own Baku-Tbilisi-Ceyhan pipeline after the suspension of transit via Russia.

Oil exports via Russia in January-September of this year totalled 489,600 tonnes.

SOCAR plans to ship 85,000 tonnes of crude oil via Russia in October and aims to transport through Baku-Novorossiisk 825,000 tonnes in total in 2019, a source at SOCAR told Reuters.

SOCAR shipped 1.299 million tonnes of oil via Russia in 2018, down from 1.576 million tonnes in 2017.

Azerbaijan sends only a small portion of its oil exports via Russia, using routes through Georgia and Turkey for the bulk of its crude shipments.

SOCAR's crude has a lower sulphur content than Russia's Urals blend. The company receives crude from Russian pipeline monopoly AK Transneft to fill its loading slots at the Novorossiisk oil terminal.

Comments

Comments are closed.