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Tuesday, February 06, 2007

Crude still being pumped between Baku and Russian seaport

30 January 2007 - RBC News - Some 360,000 tonnes of oil will be pumped through the Baku-Novorossiysk pipeline in February 2007 in accordance with Azerbaijan's order as of January 15, 2007. Commenting on statements by Azeri spokesmen on intentions to refuse oil supplies through this pipeline, Transneft told RBC that crude was being pumped along this route according to normal procedure. No official documents confirming Azerbaijan's abovementioned intentions have been received at Transneft. More than 4m tonnes of Azeri oil was transported annually through this pipeline for the past few years, the Russian company explained. The volume of oil supply along the Baku-Novorossiysk route is planned at the previous year's level of 4.6m tonnes in 2007.

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