Turkish Energy Minister Taner Yildiz said that Turkey does not deliver oil and aviation fuel to Israel as some Turkish media reported, World Bulletin reported.
“Israel’s occupation of Gaza is a serious obstacle for implementation of joint energy projects on the east of the Mediterranean,” said Minister.
Yildiz also confirmed that oil is transited to Israel via Turkey. Azerbaijani oil is transported to the Ceyhan port via Baku-Tbilisi-Ceyhan pipeline and from there transported to Israel in tankers.
BTC started to work in June 2006. Since that day Azerbaijani oil is sold by various traders from the Ceyhan terminal. Last year Israel’s officials said that Israel’s demand in crude oil totals about 6.5 million tons a year, of which about 3 million tons of oil is covered at the expense of Azerbaijani oil.—0--
Economics
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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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The Italian government has extended the deadline for applications in the international tender for the sale of several strategic assets until February 14, confirming that a bidder from Azerbaijan remains among the frontrunners.
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