According to the meters of the Azerbaijan State Customs Committee, from January to November 2013 Azerbaijan exported 1,486,000 tons of oil products.
According to the Customs Committee, during this period export of oil products totaled $1,097,000,000. This means that 1 ton of oil product was exported at an average price of $738.
Oil products export dropped by 9.64% in rice equivalent against the same period last year. Oil products constituted 4.99% in total volume of export. During 2012 Azerbaijan exported 1,614,000 tons of oil products. Last year oil products were exported to the amount of $1,321,000,000. Oil products export decreased by 370,000 against 2011.
Economics
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Since July 1, bus and metro fares have increased by 10 qəpik, reaching 50 qəpik. The fare for buses on the Baku-Sumgayit route has risen from 60 qəpik to 70 qəpik. However, it is reported that there has been no improvement in service quality following the price increase. According to complaints, air conditioners are not working on buses operating in the periphery, and overcrowding persists.
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Rovshan Najaf, President of the State Oil Company of the Republic of Azerbaijan (SOCAR), held a meeting with Bojan Kumer, Slovenia's Minister of Environment, Climate and Energy, to discuss bilateral cooperation in the energy sector.
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Azerbaijani Energy Minister Parviz Shahbazov met with a delegation led by the World Bank's Regional Director for the South Caucasus, Roland Price, to discuss the development of cooperation in the energy sector.
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The State Oil Fund of the Republic of Azerbaijan (SOFAZ) reported a significant increase in its assets, reaching $58,000.6 million as of June 30, 2024.
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