BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)
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 Updated
By
  • 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 for this article.