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Export of automobile fuel goes down
The growth of cars in Azerbaijan increases demand in fuel at the local market. At the same time this factor reduces the country's export of oil products.
During 11 months, 2012 SOCAR exported 840,284 tons of diesel fuel, down 28.5% or 334,716 tons against January-November 2011.
During this period SOCAR delivered 58,175 tons of automobile petrol to the foreign markets, down 34.6% or 30,845 tons against the same period last year.
During 11 months export of Azerbaijani automobile fuel dropped by 365,561 tons.
Azerbaijan lost a sufficient amount of currency from export of these types of oil products. According to SOCAR, in November 2012 1 ton of diesel fuel at the world market cost $924.73 and automobile gasoline - $932.31.-0-
Economics
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