Since early year price of Azerbaijani export oil dropped by almost 35%
From January to April 2016 Azerbaijan exported 11,890,800 tons of oil, up 0.6% against the same period last year.
According to the Azerbaijan State Customs Committee, total cost of Azerbaijani oil exported during this period reached $2,846,497,800. The decline constituted 34.7% in money terms.
During first four months this year the declared volume of exported oil totaled 7,367,300 tons to the amount of $1,885,486,200.
One can conclude that during this period average export price of Azerbaijani oil totaled $35.94 per barrel.
During 2015 Azerbaijan exported 32,520,401 tons of oil.—0—
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- Economics
- 22 June 2016 12:05
Economics
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