During 11 months, 2013 oil refineries of SOCAR increased manufacture by 6.2% against the same period in 2012, reads the monthly report of the Azerbaijan State Statistical Committee.
According to then statistical information, from January to November 2013 the country manufactured 2,287,500 tons of diesel fuel (+5.4%), 1,286,100 tons of petrol (+8.9%), 645,300 tons of kerosene (+11.5%) and 288,100 tons of oil bitumen (+7.1%) and etc.
During 11 months virgin petrol production dropped by 8.5% to 124,500 tons and lubricating oils – by 27.1% to 43,800 tons.—0—
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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