During 6 years Azerbaijan shipped over 189 million tons of oil to world markets from Ceyhan terminal
During 6 months, 2012 Azerbaijan has shipped 15,210,246 tons of oil from the Turkish port Ceyhan.
According to SOCAR, in January the volume of shipment in Ceyhan port totaled 2.45 million tons of oil, in February - 2.36 million tons, in March - 2.5 million tons, in April - 2,773 million tons, in May - 2,414 million tons and in June 2,716 million tons.
In June 1,618 million tons out of 1,716 million tons fell to the profitable oil of the state, incomes from which are accumulated in the State Oil Fund of Azerbaijan.
SOCAR confirmed that 189,228,274 tons of oil was shipped from Ceyhan port since putting of BTC pipeline into operation on June 2, 2006.-0---
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- Economics
- 9 July 2012 13:14
Economics
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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
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Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
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