According to the meters of the Azerbaijan State Customs Committee, during 2013 Azerbaijan delivered 7,294,698,900 cub.m. of natural gas to the foreign markets. Gas export increased by 4.3%.
According to the customs declarations, during this year gas export totaled 3,035,062,028 cub.m. to the amount of $701,980,200. Considering this data, during 2013 Azerbaijan sold natural gas at an average price of $231.29 per 1000 cub.m.
Gas export increased by 8.21% (in money equivalent) against 2012.
By January 1, 2014 the share of gas in the total export of the republic reached 2.93%.
According to the meters, in 2012 6.99 billion cub.m. of natural gas was exported from Azerbaijan. Of this amount 2,714,000,000 cub.m. to the amount of $648,717,000 was exported on the basis of the customs declarations. In 2012 Azerbaijan sold natural gas at an average price of $239.03 per 1000 cub.m.
Gas from the Shah-Deniz field is not declared by the customs agencies during export.
At present SOCAR exports gas to Russia, Georgia and Iran for Nakhchivan Autonomous Republic (NAR).—0—
Economics
-
The State Oil Company of Azerbaijan (SOCAR) and Yokogawa Europe BV have organized an "Executive Workshop" as part of a broader cooperation framework established under a Memorandum of Understanding (MoU) signed between the two companies, SOCAR said in a statement.
-
Azerbaijan’s Parliament has ratified a landmark agreement on the development and transmission of green energy with Kazakhstan and Uzbekistan. The agreement, signed by the leaders of the three countries during COP29 in Baku last November, aims to promote renewable energy sources, enhance energy security, and support sustainable development.
-
Azerbaijan’s non-oil and gas exports increased by 0.3% in 2024, reaching $3.4 billion compared to the previous year, driven largely by higher sales of agricultural and food products, according to the latest Export Review by the Center for Analysis of Economic Reforms and Communication.
-
Elon Musk, co-chair of the U.S. Department of Government Efficiency (DOGE), has outlined a strategy to bring inflation in the United States down to zero by 2026 through aggressive cuts in federal spending. Musk’s plan, which aims to reduce approximately $4 billion in projected daily expenditures, is designed to shrink the federal deficit to $1 trillion by 2026. While the deficit would still be substantial, Musk argues that accelerated economic growth could offset inflationary pressures, ultimately stabilizing the economy.
Leave a review