SOCAR
Marketing and Economic Operations Department SOCAR exported about 1.476m tons of crude oil by the Baku-Novorossiysk pipeline in January-August 2010 - a 13,9% drop over the same period in 2009, according to a report released by the news service of the company Thursday.
The report also states that in August a barrel of Brent crude on world markets was sold for 77.15 dollars, Urals for 75.46 dollars, BTC FOB Ceyhan for 78.16 dollars.
In 2009 SOCAR exported 2,48m tons of crude oil, which is 107.2% higher than in 2008.
The bilateral Russian-Azerbaijani intergovernmental agreement on the transit of Azeri oil via the Baku-Novorossiysk pipeline, signed in 1996, provides transportation of five million tons a year for 15.67 dollars for the transit of a ton of oil.
Novosti Azerbaijan
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