Azeri oil exports reach 9M barrels

BAKU, Azerbaijan, Dec. 29 (UPI) -- Crude oil exports from Azerbaijan topped 9 million barrels in November, bringing some $627 million in profits, state reporting agencies said Monday.

The State Customs Committee said more than 75 percent of exports came from the Azerbaijan International Operating Co., with the State Oil Co. of Azerbaijan Republic rounding out the remaining volume, the Azeri Business Center reported.

Pipelines in the region accounted for 211.7 million barrels of oil exports as of Dec. 1, with rail transport accounting for more than 14 million barrels during the same period.

The committee report said 9.1 million barrels traveled through the Baku-Novorossiysk oil pipeline and another 2.6 million transited through the Baku-Supsa route.

The Baku-Tbilisi- Ceyhan pipeline, the second-longest in the world, transferred nearly 200 million barrels to export markets, the report said.