Until September 1, 2013 Azerbaijan delivered 64 million tons (about 747 million barrels) of oil to the world markets via the western route (Baku-Supsa oil pipeline), a source from the State Oil Company of Azerbaijan (SOCAR) told Turan.
During 2012 over 27 million barrels of oil (about 4 million tons) was transported via the Baku-Supsa pipeline.
The Baku-Supsa pipeline was put into operation in April 1999. Oil extracted on the Chirag field is transported via the pipeline.
When the pipeline was built, its capacity totaled 100,000 barrels of oil a day. Then it was upgraded and its carrying capacity was increased up to 145,000 barrels a day. In the mid 2000s the pipeline stood idle for two years, because of problems in Georgia.
According to the pipeline operator BP, maximum of 106,000 barrels of oil a day could be pumped via the pipeline.—0--
Economics
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Azerbaijan has dispatched its first rail cargo shipment from Baku to China, marking a significant milestone in its ambitions to become a critical hub along the Middle Corridor. The Azerbaijan Railways (ADY) confirmed on Sunday that the inaugural "Baku-Xi'an" export block train, comprising 62 40-foot containers, has begun its journey.
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Azerbaijan’s Cabinet of Ministers approved a detailed framework for the preparation of sector-specific strategic plans aimed at guiding the country’s economic development over the medium term.
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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