During 2013 SOCAR exported 1,751,000 tons of oil via the Baku-Novorossiysk pipeline, reported SOCAR press office.
Oil export via the route decreased by 313,000 tons against 2012.
In January 2103 export totaled 2,629 tons, in February – 251,755 tons, in March – 159,584 tons, in April – 159,155 tons, in May -85,385 tons, in June – 169,437 tons, in July – 169,671 tons, in August – 169,706 tons, in September – 162,821 tons, in October – 84,082 tons, in November – 84,082 tons and in December -169,363 tons.
During 2012 SOCAR exported 2,064,000 tons of oil via the Baku-Novorossiysk pipeline, up 76,000 tons against 2011.—0—
Economics
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As 2024 comes to a close, Azerbaijan finds itself at a crossroads—holding a prominent position in certain sectors of the global economy but still grappling with issues that hinder broader socioeconomic development. From energy exports to logistics corridors, the country has carved out a niche, yet cracks in its socioeconomic fabric are becoming harder to ignore. Let’s delve into the numbers and listen to expert opinions on Azerbaijan's global standing.
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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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