During 8 months, 2014 Georgia has imported 566,000 tons of oil products, up 10.5% against the same period in 2013, reported the Georgian Union of Oil Products Importers.
The same source reported that from January to August Georgia imported 240,000 tons of petrol and 326,000 tons of diesel fuel.
In 2014 the greatest volume of gasoline and diesel fuel import falls to Romania – 192,800 tons, which makes 34.1% of the entire volume. Then come Azerbaijan with 145,700 tons (25.7%), Bulgaria – 87,800 tons (15.5%), Greece – 70,800 tons (12.5%), Russia – 42,200 tons (7.5%) and Turkmenistan – 25,000 tons (4.4%).
According to SOCAR, during 8 months, 2014 it exported 629,600 tons of diesel fuel and 745 tons of petrol. Petrol is exported only to the Georgian market. One can draw conclusion on the basis of this data that from January to August 2014 SOCAR sold 145,000 tons of diesel fuel and 7000 tons of petrol at the Georgian market. This year SOCAR sold 484,600 tons of diesel fuel at other foreign markets.—0—
Economics
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Azerbaijani President Ilham Aliyev has signed a decree introducing amendments to the "Armed Forces of the Republic of Azerbaijan" law. The decree, issued on December 24, 2024, follows the implementation of changes under the law of November 7, 2024, and aims to ensure their practical application.
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Silk Way Alat Free Economic Zone (SW AFEZCO) has entered a transformative stage in its development, signing a pivotal agreement with FF Construction for the design and construction of the Silk Way Cargo Village in the Alat Free Economic Zone (AFEZ). This ambitious project includes the planning, engineering, and building of three cornerstone facilities that will underpin the Cargo Village: an air traffic control center, a business aviation terminal, and a fire station.
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BAKU, Dec 24 (Reuters) - Azerbaijan’s President Ilham Aliyev has issued a decree to boost the cargo handling capacity of the Baku International Sea Trade Port, allocating 20 million manats ($11.8 million) from the presidential reserve fund for the port's expansion project.
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A meeting was held between the State Service for Antimonopoly Control and Consumer Market Supervision and entrepreneurs in the fuel sector, highlighting both current challenges and promising steps toward progress. Discussions, organized under the Ministry of Economy, focused on fuel quality issues, consumer rights protection, and compliance with established standards in a country where vehicle fuel has long been a contentious issue.
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