According to the meters of the Azerbaijan State Customs Committee, during 11 months, 2013 Azerbaijan exported 31,370,276 tons of oil, down 2.1% against the same period last year.
During this period 25,240,449 tons of oil was exported via the Baku-Tbilisi-Ceyhan (BTC), 3,652,874 tons via the Baku-Supsa oil pipeline, 1,580,428 tons via the Baku-Novorossiysk pipeline and 896,525 tons of oil by the railway to the Georgian ports.
The State Customs reported that from January to November the declared volume of oil exported totaled 22,803,249 tons to the amount of $18,587,892,015. Since early year Azerbaijan exported 1 ton of oil at an average price of $815.14 or $110.15 per barrel.
During this period 2,027,343 tons of gas condensate was exported from Shah-Deniz via the BTC.—0-
Economics
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Natural gas currently meets 23% of global primary energy needs and plays a critical role in driving economic growth, improving living standards, and achieving environmental goals, according to Mohammed Hamel, Secretary General of the Gas Exporting Countries Forum (GECF). He spoke during the second joint meeting of the GECF and OPEC at COP-29.
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Azerbaijan's Minister of Digital Development and Transport, Rashad Nabiyev, outlined ambitious plans for the growth and digitalization of the Middle Corridor during a ministerial roundtable on "Sustainable, Digital Middle Corridor" at COP29 on Monday.
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The Trump administration may seek to reduce U.S. funding for the International Energy Agency (IEA) or appoint a U.S. envoy to influence the agency’s methodology on fossil fuel forecasting, according to S&P Global Commodity Insights.
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BAKU, Nov 20 (Reuters) - The United Nations COP 29 climate summit in Baku is unlikely to conclude on its scheduled date of Nov. 22, as key agreements, including the New Collective Quantitative Goal (NCQG) on climate finance, remain unresolved, two informed sources told Turan.
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