In 2013 Azerbaijan 1,631,000 tons of oil products.
According to the Azerbaijan State Customs Committee, during this period oil products to the amount of $1,208,000,000 were exported. Oil products export in price equivalent dropped by 8.53% against 2012. Oil products constituted 5.04% in the total amount of export.
During 2012 Azerbaijan exported 1,614,000 tons of oil products to the amount of $1,321,000,000. Oil products export dropped by 370,000 tons against 2011.—0--
Economics
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Azerbaijan’s ADY Express, a subsidiary of Azerbaijan Railways CJSC, signed several strategic agreements on the sidelines of the Logitrans Türkiye 2024 exhibition in Istanbul, Turkey, reinforcing its commitment to expanding freight transport services along the Middle Corridor.
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Azerbaijan plans to establish state-of-the-art battery storage facilities for green energy with a total capacity of 350 MW within the next 4-5 years, a well-informed source in the Ministry of Energy told Turan.
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Shareholders of the Caspian gas condensate "Absheron" project plan to approve the Front End Engineering Design (FEED) in December, laying the groundwork for full-scale development of the field, an informed source told Turan.
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In 2024, Europe will receive approximately 12.5 billion cubic meters of gas from Azerbaijan, with the list of buyers expanding to 12 countries. Speaking at an energy forum in Istanbul on Friday, SOCAR President Rovshan Najaf announced that cooperation with a 12th, new gas buyer would begin in December.
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