During 10 months, 2013 Azerbaijan has exported 5,732,000,000 cub.m. of natural gas, according to the meters of the State Customs Committee.
2,555,000,000 cub.m. of gas to the amount of $599,969,000 has been exported on the basis of the customs declarations. Since early year Azerbaijan has exported 1000 cub.m. of gas at an average price of $234.8.
Gas export increased by 26.88% in money equivalent against the same period in 2012. By November 1, 2013 share of gas in total export of the republic constituted 3.01%.
According to the meters, in 2012 6.99 billion cub.m. of natural gas was exported from Azerbaijan.
If this volume 2,714,000,000 cub.m. to the amount of $648,717,000 has been exported on the basis of the customs declarations.
At present SOCAR delivers gas to Russia, Georgia and Iran for the needs of Nakhchivan Autonomous Republic (NAR).
The Shah-Deniz consortium exports natural gas to Turkey via the South-Caucasian pipeline. The Shah-Deniz gas is not included into the declared volume of gas.—0—
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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