During the first 4 months, 2014 Azerbaijan has exported 338,812 tons of oil to the world markets via the Baku-Novorossiysk pipeline, reported SOCAR press office.
The deliveries via the northern route dropped by 40.6% against the same period last year.
According to SOCAR, in April 84,482 tons of oil was exported from Novorossiysk.
* On February 18, 2014 SOCAR and Transneft signed a new contract to transport Azerbaijani oil via the Baku-Novorossiysk pipeline on the mutually beneficial conditions. The agreement will expire at the end of 2014. Azerbaijan has been transporting its oil via the Baku-Novorossiysk pipeline since 1997.
According to the Azerbaijan State Customs Committee, in 2013 1,750,063 tons was exported via the Baku-Novorossiysk pipeline.