During 11 months, 2013 SOCAR exported 1,581,660 tons of oil from the Novorossiysk port, 2,483,731 tons from the Supsa port and 18,280,943 tons from the Ceyhan port, reported SOCAR’s press office.
Oil export from the Novorossiysk port decreased by 13.7% against the same period last year, from Supsa port – by 3.7% and from Ceyhan port – by 1.4%.
The index of crude oil export reflects the volume of profitable oil of both SOCAR and the state.—0---
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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