From January to August 2014 SOCAR has shipped 677,785 tons of crude oil exported via the Baku-Novorossiysk pipeline from the Novorossiysk port, reported SOCAR press office.
According to the same source, the volume of shipped oil decreased by 41.8% against the same period in 2013.
In August 2014 SOCAR shipped 84,076 tons of Azerbaijani oil from the Novorossiysk port.
In 2014 SOCAR plans to pump 85,000 tons of oil a month or 1,020,000 tons a year via the Baku-Novorossiysk pipeline.
During 2013 Azerbaijani exported 1,751,000 tons through Russia, down 15.2% against 2012.—0—
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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