The company noted that, due to the resumption of exports in March 2016 via the Baku-Novorossiysk pipeline 100 thousand tons less than planned volumes of crude oil will be transported: "The Treaty of transporting Azeri oil via the Baku-Novorossiysk pipeline was signed between the "Transneft "and SOCAR at the end of February 2016. Prior to the conclusion of the agreement this volume of oil exported via the Baku-Tbilisi-Ceyhan pipeline. Thus, oil export reduction was not observed in the annual program of SOCAR".
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