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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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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