“ROSNEFT” IS PUZZLED BY STATEMENTS OF AZERBAIJAN ON USE OF BAKU-NOVOROSSIYSK PIPELINE
19:18 22/08/2013 ” ECONOMY
Contradictory information about the plans of Russian oil transportation
through the Azerbaijani territory is received, writes Azerbaijani
information portal “Minval.az.”
Thus, the article notes that the President of State Oil Company of
Azerbaijani Republic (SOCAR) Rovnag Abdullayev hastened to tell the
press that negotiations with the Russian “Rosneft” have kicked off for
the possible reverse of the Siberian oil called “Urals” through the
Baku-Novorossiysk pipeline with the amount of 5 million tons per year.
He further noted that the parties are negotiating over a possible
partial transit of oil called “Urals” via the Baku-Tbilisi-Ceyhan
pipeline. According to him, they also consider the possibility of
reprocessing of Russian oil in Baku’s recycling companies.
However, as noted in the material, “Rosneft” is puzzled by the
statements of the Azerbaijani side. Neither SOCAR, nor the “Rosneft”
company applied to Russian monopolist pipeline “Transneft” requesting
to exploit Baku-Novorossiysk pipeline in direction of Azerbaijan.
According to Vice-President of “Transneft” Mikhail Barkov, no one
turned to them for that matter and nothing was coordinated. The
article stresses that the implementation of the SOCAR plans may hit
the interests of Lukoil which uses the pipe for pumping the Caspian
oil from Makhachkala to Novorossiysk.
As noted in the material, the possibility of confusion of Azerbaijani
oil brand “Azeri Light” and Russian “Urals” in Baku-Tbilisi-Ceyhan
(BTC) pipeline remains controversial. Although the density of the
two types of oil API classification close – respectively 34.8 and 32,
but in the sulfur there is a noticeable difference. The Azerbaijani
oil with higher quality contains 0.15% of sulfur and the Russian 1.2%.
Accordingly, there is a difference in price as well; barrels of
Azerbaijani oil are higher in price with $ 10 on the International
Petroleum Exchange.
“According to experts, the statements of the President of SOCAR
about the reversing transportation of oil have some kind of political
overtones. The Azerbaijani side wants to show that the preliminary
intent on cooperation in the field of oil, which was noted during the
working visit of President Putin to Azerbaijan recently, is realistic.
Official Baku is trying to demonstrate that the cooled
Russian-Azerbaijani relations get new sense,” the material reads.
Source: Panorama.am
From: Emil Lazarian | Ararat NewsPress
Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.
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