From January to October 2013 4,336,000 tons of oil products were delivered to the local market, up 9.9% against the same period last year.
According to the Azerbaijan State Statistical Committee, from January to October 1,171,000 tons of gasoline, 1,151,000 tons of diesel fuel, 454,600 tons of aviation kerosene, 197,800 tons of black oil, 136,600 tons of liquefied gas, 263,800 tons of oil bitumen and 960,500 tons of other oil products were delivered to the local market.
Except for black oil and lubricating oils, deliveries of other oil products to the local market increased.—0---
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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