During 11 months, 2013 oil shipment by State Oil Company of Azerbaijan (SOCAR) from the Russian Novorossiysk port reduced by 14%, according to SOCAR’s data.
The same source said that during this period 1,581,660 tons of oil exported via the Baku-Novorossiysk oil pipeline has been shipped from the Novorossiysk port. During 11 months, 2013 oil export via the northern route decreased by 13.7% against the same period last year.
In November 2013 SOCAR shipped 84,082 tons of Azerbaijani oil from the Novorossiysk port.
Since 1997 Azerbaijan has been transporting its oil via the Baku-Novorossiysk pipeline.
In 2012 SOCAR exported 2,064,000 tons of oil via the Baku-Novorossiysk pipeline.
In 2013 SOCAR plans to transport 1.8 million tons of Azerbaijani oil via the Baku-Novorossiysk pipeline.—0—
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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