According to the meters, during 9 months, 2013 Azerbaijan exported 25,904,000 tons of oil.
According to the Azerbaijan State Customs Committee, from January to September 2013 the declared volume of oil export totaled 18,865,000 tons to the amount of $15,304,000,000.
Considering this data, one can suppose that during this period average export price of 1 ton of Azerbaijani oil was $811.2 or $109.6 per barrel.
Of total volume of export 1,325,000 tons was exported via the Baku-Novorossisk and 2,985,000 tons via the Baku-Supsa pipeline.
During this period 20,089,000 tons of oil was exported via the Baku-Tbilisi-Ceyhan (BTC) pipeline and 702,549 tons by railway.
According to the meters, in 2012 34,935,000 tons of oil was exported from Azerbaijan. Of this volume 24,237,000 tons of oil to the amount of $20,232,000,000 was exported on the basis of the customs declarations.—0—
Economics
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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.
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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.
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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.
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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).
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