During 2012 Azerbaijan exported a total of 1,614,136 tons of oil products, reported the State Customs Committee.
As compared to 2011 the volume of export of Azerbaijani oil products decreased by 370,000 tons.
According to the State Customs, in 2012 Azerbaijan's incomes from the oil products export totaled $1,321,209,078.
During 2011 Azerbaijan exported a total of 1,984,000,000 tons of oil products to the amount of about $1,527,000,000. This means that the country's incomes from oil products export decreased by $205.8 million.
* Reduction of the Azerbaijani oil products export is connected with a growth of their consumption at the local market of the country.-0-
Economics
-
The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
-
The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
-
Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
-
Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
Leave a review