Transneft: Reverse of Baku-Novorossiysk pipeline is undesirable

  16 December 2014    Read: 1456
 Transneft: Reverse of Baku-Novorossiysk pipeline is undesirable
Russia’s Transneft Company considers that the reverse of Baku-Novorossiysk oil pipeline is undesirable, said the Company President Nikolay Tokarev, AzVision.az reports quoting Interfax agency.

“This means that Roneft’s oil will be transported to Baku-based oil refineries through Novorossiysk port and processed there. Instead of this, our Azerbaijani partners should give same oil back to us through Ceyhan port in Turkey. In this case, Rosneft could get oil through transport corridor shorter than Ceyhan and deliver to its Italy-based factories”, Tokarev said.

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