Import of cars increases by 11.4%
Over the first nine months of this year Azerbaijan imported 75.500 cars; this is 11.4% more than in the comparable period of 2012.
According to the State Customs Committee (SCC), during this period of the year, officials and dealers, as well as individuals on the country delivered 68,487 units of passenger cars, which is 16.3 % more than in the same period last year. In the structure of import certain proportion belongs to used cars, the number of which is not reported since 2012 by SCC.
This year imports of special equipment (tractors, excavators, bulldozers, cranes and other motor vehicles), buses and trucks decreased. Since the beginning of the year were imported 689 units ( minus 157) , buses and vans - 665 ( minus 187 ), and 5661 trucks (minus 1527.) - 08D-
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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