According to the measuring devices of the State Customs Committee of Azerbaijan, during 6 months, 2012 the country has exported 18,171,106.4 tons of crude oil.
According to the state customs, during this period the declared volume of oil totaled 12,716,602.2 tons to the amount of $10 billion 995,605,770. Considering this information, during 6 months, 2012 average export price of Azerbaijani oil was $864.66 per ton or $116.85 per barrel.
According to the state customs, during 2011 Azerbaijan exported 37,450,57.4 tons, of which only 27,825,272.2 tons to the amount of $22 billion 911,440,600 was declared. According to the customs statistics, during 2011 average export price of Azerbaijani oil was $111.27 per barrel.
* This year average export oil price was forecasted at $100 per barrel during drafting of the state budget of Azerbaijan.—0—
Economics
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Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
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