Average price of Azerbaijani export oil totaled $112.93 per barrel
According to the meters of the Azerbaijan State Customs Committee, during 11 months, 2012 Azerbaijan exported 32,020,438 tons of oil. Oil export declined by 8.5% against the same period last year.
During this period the declared volume of exported oil totaled 22,481,351 tons to the amount of $18,786,613,600.
Of total volume of export 1,827,712 tons was exported via the Baku-Novorossiysk pipeline and 3,615,980 tons via the Baku-Supsa pipeline. During the same period 25,655,928 tons of oil was exported via the Baku-Tbilisi-Ceyhan pipeline and 920,817 tons by railway.
In 2011 the declared volume of oil export from Azerbaijan totaled 37,045,000 tons. Of this volume 27,825,000 tons of oil to the amount of $22,911,000,000 has been exported.-0--
Economics
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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