SOCAR: Operation of Baku-Novorossiysk is profitable for both parties

Operation of Baku-Novorossiysk is profitable both for Azerbaijani and Russian parties, the representative of SOCAR said, answering the question about stopping of deliveries of Azerbaijani oil via the pipeline next year.

“This is profitable for Russia, as it is the first time when Russian oil can be delivered to Ceyhan (via BTC) or in physical terms or in the form of SWAP”, he noted.

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