From January to September 2013 Azerbaijan extracted 13.1 billion cub.m. of tank gas, reported the Azerbaijan State Statistical Committee.
Tank gas production increased by 300 million cub.m. or by 2.8% against the same period last year.
In January production totaled 1.5 billion cub.m., in February - 1.4 billion cub.m, in March – 1.45 billion cub.m., in April – 1,548 billion cub.m., in May – 1.5 billion cub.m., in June – 1.5 billion cub.m., in July – 1.4 billion cub.m., in August – 1.4 billion cub.m. and in September – 1.4 billion cub.m.
During 2012 Azerbaijan extracted 17.2 billion cub.m. of tank gas. Tank gas production increased by 5.4% against 2011.—0—
Economics
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Turkey is in talks with the United States seeking an exemption from sanctions imposed on Russia’s Gazprombank, a key financial institution for energy transactions, to maintain gas payments to Russia, Energy Minister Alparslan Bayraktar said on Tuesday.
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Kazakhstan is charting an ambitious course to transform its oil export infrastructure, aiming to increase annual shipments via the Baku-Tbilisi-Ceyhan (BTC) pipeline by more than thirteenfold—from the current 1.5 million tons to an estimated 20 million tons. The bold strategy, presented by Energy Minister Almasadam Satkaliyev during a parliamentary session, underscores Kazakhstan’s intent to become a major player in the energy supply chain stretching from Central Asia to Europe.
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Two new vice presidents have been appointed at BP's Azerbaijan, Georgia, and Turkey (AGT) region division, according to a press release from BP-Azerbaijan.
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Data on Azerbaijan's oil exports for January-October 2024 reveals a significant drop in both volume and value compared to the same period last year, highlighting the challenges facing the oil-dependent economy. The country exported 495,484.05 tons of oil products worth $309.02 million, a decrease of 40.3% in value and 40.7% in volume compared to 2023, when exports totaled 925,225.07 tons worth $572.21 million.
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