In 2014 SOCAR exported 1,199,543 tons of oil products to the local markets, up 14.6% against 2013.
SOCAR press office reported that last year SOCAR exported 9,432 tons of gasoline, 992,725 tons of diesel fuel, 196,729 tons of aviation fuel and 675 tons of black oil.
In December 2014 SOCAR exported 127,041 tons of oil products, of which 99,000 tons of gasoline, 106,205 tons of diesel fuel, 20,618 tons of aviation fuel and 119 tons of black oil.
Since January 1, 2015 Azerbaijan has one operating oil refinery named after Heydar Aliyev.—0—
Economics
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Azerbaijan is set to host its Trade Forum on October 1, supported by “Pasha Holding” and jointly organized by the Small and Medium Business Development Agency (SME), Azerbaijan Customs representation, and the Logistics Companies Association.
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The inaugural Investment Forum on energy transition in Central Asia is set to take place on November 15-16 in Baku, Azerbaijan, organized by the International Renewable Energy Agency (IRENA) and Azerbaijan’s Ministry of Energy as part of the COP29 conference.
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At the advisory meeting of railway administrations held in Baku on September 19-20, Rovshan Rustamov, Chairman of Azerbaijan Railways CJSC (ADY), met with Ufuk Yalçın, General Director and Chairman of the Board of the Turkish State Railways Company "TCDD Taşımacılık." The meeting marked the second time this year that officials have discussed expanding railway transport cooperation between Azerbaijan and Turkey.
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The Center for Analysis of Economic Reforms and Communication (CAERC) has completed its monitoring and evaluation of the first half of the year in relation to the "I State Program on the Great Return to the Liberated Territories of the Republic of Azerbaijan." This state program focuses on restoring infrastructure and resettling displaced populations in areas that were reclaimed during the 2020 Nagorno-Karabakh conflict.
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