Bloomberg News

Azeri Jan-Nov Oil Exports Fall Via Baku-Novorossiysk, Turan Says

December 07, 2011

Dec. 7 (Bloomberg) -- State Oil Co. of Azerbaijan exported 1.83 million metric tons of crude oil via the Baku-Novorossiysk pipeline in the first 11 months, down 11.7 percent from the same period a year earlier, the Turan news agency reported today.

Socar, as the Baku-based oil producer is known, pumped 2.24 million tons of oil through the pipeline for the whole of last year, Turan said.

--Editor: Tony Barrett, Randall Hackley

To contact the reporter on this story: Zulfugar Agayev in Baku at zagayev@bloomberg.net

To contact the editor responsible for this story: Hellmuth Tromm at htromm@bloomberg.net


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