From January to October 2013 SOCAR exported 2,322,232 tons of Azerbaijani oil from the Supsa port via the Baku-Supsa oil pipeline, reported SOCAR press office.
The volume of oil exported from the Georgian terminal decreased by 0.7% against the same period last year.
In January 2013 242,339 tons of Azerbaijani oil was shipped from Supsa, in February – 318,596 tons, in March – 238,266 tons, in April -242,367 tons, in May – 80,784 tons, in June – 242,325 tons, in July – 157,069 tons, in August – 315,388 tons, in September – 242,215 tons and in October – 242,259 tons,
The Baku-Supsa oil pipeline was put into operation on April 17, 1999. The oil pipeline’s length is 837 km and its diameter is 530 mm. At present the carrying capacity of the pipeline is over 5 million tons of oil a year and it is used to export oil from the Chirag field.—0—
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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