During a month about 638 million cub.m. of gas transported via Southern Caucasian gas pipeline
In January 2014 636.8 million cub.m. of gas was transported via the South Caucasian gas pipeline (Baku-Tbilisi-Erzurum - BTE) against 700,000 cub.m. of gas in January 2014, reads the report of the Azerbaijan State Statistical Committee.
In January 2015 2.3 billion cub.m. of gas was transported via the gas pipelines of the country, up 15% against January 2014.
The length of BTE pipeline is over 700 km. The pipeline is used to export gas extracted from the gas condensate field Shah Deniz in the Azerbaijani sector of the Caspian Sea. Gas is delivered to Georgia and Turkey. Azerbaijan also acts as a gas buyer.—0-
Economics
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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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The German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) hosted its biannual Members' General Meeting in Baku on December 18, 2024, gathering over 80 business representatives to reflect on the chamber’s milestones and chart a path forward.
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