From January to November 2013 4,300,000,000 cub.m. of natural gas was exported via the South Caucasus pipeline Baku-Tbilisi-Erzurum, up 500,000,000 cub.m. against the same period last year.
State Statistical Committee reported that in January 400,000,000 cub.m. was exported via the pipeline, in February – 215,800,000 cub.m., in March – 310,700,000 cub.m., in April – 437,500,000 cub.m., in May – 400,000,000 cub.m., in June – 300,000,000 cub.m., in July – 400,000,000 cub.m., in August – 400,000,000 cub.m., in September – 200,000,000 cub.m., in October – 700,000,000 cub.m. and in November 500,000,000 cub.m.
In 2012 4,000,000,000 cub.m. of natural gas was exported via the Baku-Tbilisi-Erzurum pipeline, down 500,000,000 cub.m. against 2011. Natural gas extracted from the offshore gas condensate field Shah-Deniz is exported via the pipeline. Gas is delivered to Georgia and Turkey. The partners of the Shah-Deniz production sharing agreement (PSA) are BP (operator with 25.5%), Statoil (25.5%), SOCAR (10%), LUKoil (10%), NICO (10%), Total (10%) and TPAO (9%).--0—
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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