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Friday, September 21, 2007

Fewer Azeri Oil Imports

09-21-2007 Reuters – BAKU, Azerbaijan - Azerbaijan plans to pump considerably less oil through Russia next year as it uses cheaper, alternative export routes, the country's state oil firm said Thursday. Next year will see around 1 million tons of oil pass through Russia from Azerbaijan -- most of which is then sold on to Europe -- down from almost 4 million tons in 2006. From January through August, Azerbaijan sent 1.5 million tons of oil through Russia.

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