Azernews.Az

By Laman Ismayilova

Azerbaijan’s state oil company SOCAR announced that over 2.48 million tons of Azerbaijani oil was delivered from Ceyhan Port to the world market in January 2017.

SOCAR reported that some 1, 398 million tons of this volume was the oil of the company.

In general, 321, 883million tons of Azerbaijani oil has been exported from Ceyhan Port to the world market since the start of BTC exploitation until February 1, 2017.

Moreover, the company reported that the Baku-Tbilisi-Ceyhan-BTC main export pipeline transported over 2,412 million tons of Azerbaijani oil in January, 2017.

In general, 323,950 million tons of oil have been pumped to BTC since the start of the exploitation until February 1, 2017.

In addition, 935,880 tons of Turkmen oil were pumped via BTC in January, 2017.

Overall, SOCAR exported 79, 935 tons of crude oil from the Novorossiysk Port, 176 ,109 tons of crude oil from the Supsa Port, and 1, 398 million tons of crude oil from the Ceyhan Port in January, 2017. The figures reflect the volumes of crude oil belonging to both State of Azerbaijan and SOCAR.

SOCAR is the sole producer of oil products in Azerbaijan. Along with Azneft, SOCAR includes Azerkimya (the chemical industry enterprises) and Azerigaz production associations. The company also has a number of processing enterprises, service enterprises, and institutions involved in geophysical and drilling operations.

The country holds 0.4 percent of the world’s total proven oil reserves, and produce 1 percent of the world’s oil total output according to the BP Statistical review of World Energy 2015.

Azerbaijan’s proven gas reserves as of early 2016 amounted to 1.1 trillion cubic meters, which accounts for 0.6 percent of global proven gas reserves, according to BP's estimates.

---

Follow us on Twitter @AzerNewsAz