For the first time in the history of independent Azerbaijan grain growers have reached a record in terms of yield - the average of 30.3 quintals per 1 hectare.
According to the Ministry of Agriculture, as of July 6 they collected 1 million 350 thousand tons of wheat. The yield was 31.7 q / ha. This is 33.8% more than in 2014.
Just this year, the area under cereals and legumes in Azerbaijan make up 915.2 thousand ha (excluding maize). On July 6, there were harvested 780.9 thousand ha.
For the first 6 months of this year, imports of wheat in Azerbaijan increased compared to the year 2014 by 34.4% and amounted to $ 187.5 million, according to the State Customs Committee.
According to the balance of consumption, in 2013, Azerbaijan used 2 million 864 thousand tons of wheat for food, starch and forage production, 1 million 451 thousand tons of which is accounted for by imports. -----08B
Economics
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BP, the operator of the Shah Deniz gas condensate field, announced on Sunday that production from the Shah Deniz Alpha platform resumed on the evening of January 18. This followed the complete resolution of a technical issue with the subsea condensate export pipeline between the Shah Deniz Alpha platform and the Sangachal terminal.
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SOCAR President Rovshan Najaf met with the Minister of State for Petroleum of Pakistan, Musadik Malik, on January 18. According to SOCAR, the discussions covered joint energy projects, achieved outcomes, and cooperation opportunities in various areas, including the trade of petroleum products.
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The State Statistics Committee of Azerbaijan reported that in 2024 investments in fixed assets reached 21,435.1 million manats, which is 0.7% less than in 2023. While overall figures edged lower, the sectoral breakdown reveals notable disparities between the oil and gas sphere and non-oil industries.
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Azerbaijan’s industrial enterprises and individual entrepreneurs reported a modest 1.1% year-on-year increase in industrial production during 2024, reaching an output valued at 64.1 billion manat. The State Statistics Committee attributed the overall growth to a 0.5% expansion in the oil and gas sector, while non-oil and gas industries surged by 7.3%.
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