In January 2014 SOCAR extracted 691.5 million cub.m. of gas.
According to SOCAR’s information posted on its web site, this is up 16.5% against January 2013.
In January 2014 Azerbaijan extracted 2.69 billion cub.m. of gas. This is up 6.9% against January 2013. 25.7% of the entire extracted gas in the country fell to SOCAR.
In 2013 total volume of tank gas production in Azerbaijan reached 17.9 billion cub.m., of which 7,139 billion cub.m. fell to SOCAR.—0—
Economics
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On January 11, Serbian President Aleksandar Vučić announced that Azerbaijan had notified Serbia about the suspension of daily gas supplies amounting to 1.7 million cubic meters due to technical problems at the Shah Deniz field.
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The Turkish company Aksa Doğalgaz, part of Kazancı Holding, has announced the completion of the contractual process to purchase the gas distribution companies Bursagaz and Kayserigaz. These companies have been operating under SOCAR Türkiye Energy AS (STEAS) since 2019, according to Aksa Doğalgaz.
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Azerbaijan's Cabinet of Ministers has introduced new regulations establishing the minimum royalties for authors of state-commissioned films, aiming to promote creative works reflecting the country's national identity and cultural values.
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Tea imports to Azerbaijan have increased. According to the State Customs Committee, from January to November 2024, tea imports grew by 3.3% year-on-year to 12,893 tons in volume and by 4.5% in value, amounting to $67.715 million.
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