From January to November 2014 State Oil Company of Azerbaijan (SOCAR) has shipped 932,155 tons of oil from the Novorossiysk port, which exported via the Baku-Novorossiysk oil pipeline, down 4.1% against the same period last year.
SOCAR press office reported that in November 2014 SOCAR shipped 84,802 tons of Azerbaijani oil from the Novorossiysk port.
In 2014 the company plans to pump 85,000 tons of oil a month (1,000,020 tons a year) via the Baku-Novorossiysk pipeline.
Azerbaijan has been transporting its oil via the Baku-Novorossiysk pipeline since 1997.—0—
Economics
-
Azerbaijan’s corporate sector needs to develop an appropriate system for assessing employees, according to Jalal Gasimov, CEO of PASHA Holding. Speaking at the Human Development Forum in Baku, Gasimov emphasized the importance of moving beyond merely evaluating employees based on performance outcomes.
-
The launch of the Azeri Central East (ACE) platform in Azerbaijan's Caspian Sea shelf marked an important milestone for BP in 2024, said BP CEO Murray O'Kinkloss on February 11, presenting the company's 2024 report.
-
Cargo transportation along the Middle Corridor (Trans-Caspian International Transport Route, TMTM) reached a record 3.3 million tons in 2024, marking a 20% increase year-on-year, according to the Secretary General of the International Association "Trans-Caspian International Transport Route" Khaydar Abdikerimov.
-
Azerbaijan’s national carrier AZAL and Israel’s El Al Airlines have announced a new partnership under a codeshare agreement, allowing passengers of both airlines to access joint flights, the carriers said in a statement on Sunday.
Leave a review