From January to September 2013 SOCAR has exported 799,733 tons of oil products to the world markets, down 5.1% against the same period last year.
SOCAR press office reported that SOCAR’s export included 14,034 tons of petrol, 689,273 tons of diesel fuel and 96,426 tons of aviation fuel.
In September 2013 SOCAR exported 61,176 tons of oil products, including 0,205 tons of gasoline, 56,176 tons of diesel fuel and 5,295 tons of aviation fuel.—0—
Economics
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Azerbaijani President Ilham Aliyev inspected a fleet of specialized municipal service vehicles in Baku on Thursday, as part of efforts to modernize urban infrastructure and improve environmental sustainability.
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Azerbaijan's National Depository Center (NDC) has announced a series of strategic goals and digital innovations for 2024-2026, aimed at fostering trust, expanding market access, and diversifying investment instruments in the country’s capital markets.
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The payment method used in Baku's public buses, which operates via a mobile phone app and QR code activated by the M10 program, creates difficulties for passengers, economist Samir Aliyev stated on Facebook.
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Starting next year, the Azerbaijani government will adopt a new policy towards entrepreneurs who export domestic products abroad but fail to return a portion of their earnings to the country. This issue often concerns Azerbaijani tomatoes sold in Russia. According to National Bank Chairman Taleh Kazimov, decisions to penalize such entrepreneurs will no longer be made without a thorough investigation into the reasons behind the failure to repatriate earnings.
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