During 11 months, 2014 Azerbaijani oil transportation via the Baku-Tbilisi-Ceyhan (BTC) oil pipeline totaled 26,045,242 tons, down 4.5% against the same period in 2013.
SOCAR press office reported that in November 2014 1,719,684 tons of oil was transported via BTC and since launching of the pipeline on June 4, 2006 till December 1, 2014 – 261,186,835 tons of oil.
In November 2014 620,436 tons of Turkmenistan and Kazakhstan oil was also transported via BTC oil pipeline.
Reduction of Azerbaijani oil pumping via BTC pipeline was connected with gradual reduction of production on the offshore bloc Azeri-Chirag-Guneshli.—0—
Economics
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The volume of cargo transported along the Trans-Caspian International Transport Route (TITR) surged by 62% in 2024, reaching 4.5 million tonnes, Kazakhstan’s Prime Minister Olzhas Bektenov said during talks with his Georgian counterpart Irakli Kobakhidze on Wednesday, according to the Kazakh government’s press service.
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Azerbaijan’s Small and Medium Business Development Agency (KOBİA) held a Supervisory Board meeting on Monday, chaired by Economy Minister Mikayil Jabbarov, to review the agency’s 2024 performance and set priorities for 2025.
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In January 2025, the average price of the consumer basket (CB) compiled by the Turan agency in Baku, which includes 30 types of essential domestically produced food products, increased by 0.3%.
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Azerbaijan President Ilham Aliyev has signed a decree to strengthen social protection for pensioners by implementing pension indexation, effective from January 1, 2025.
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