Netherlands is interested in increase in Azerbaijani oil purchases, Ahmad Abutaleb, Mayor of Rotterdam, told journalists in Baku last week.
“At present 2 million tons of Azerbaijani oil is delivered to Rotterdam port, which makes 2% of the total volume of oil delivered to the port. Quality of Azerbaijani oil is very high and the volume of deliveries could be increased,” Abutaleb said.
He said the delegation led by him has had a meeting in SOCAR to discuss the perspectives of cooperation.
“We believe that Azerbaijan could benefit from sale of its oil in Rotterdam,” he added.—0—
Economics
-
Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
-
Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
-
Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
-
Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
Leave a review