According to SOCAR, in November 2014 total export of Azerbaijani oil products reached 77,851 tons against 133,067 tons in October 2014. In November 2014 60,477 tons of diesel fuel, 17,255 tons of jet fuel and 119 tons of black oil was exported.
“During 11 months, 2014 export of oil products totaled 1,431,271 tons (growth by 12.3%), including 9,332 tons of gasoline, 866,520 tons of diesel fuel, 176,110 tons of jet fuel, 358,772 tons of vacuum gasoil and 537 tons of black oil,” reported SOCAR.—0—
Economics
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Azerbaijan’s national carrier AZAL and Israel’s El Al Airlines have announced a new partnership under a codeshare agreement, allowing passengers of both airlines to access joint flights, the carriers said in a statement on Sunday.
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After a nearly five-year hiatus, passenger train services between Azerbaijan, Russia, and Georgia may soon resume, with tentative plans set for March or April. However, uncertainty remains as officials in Baku signal a more cautious approach, citing ongoing restrictions on land border crossings.
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Azerbaijan Caspian Shipping Company (ASCO) has resumed regular cargo and passenger transportation after severe weather conditions disrupted operations in the Caspian Sea, the company said on Monday.
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Azerbaijan can overcome the so-called "middle-income trap" by increasing investments, improving the investment environment, and enhancing knowledge and skills, Deputy Minister of Economy Samad Bashirli said in Baku at the presentation of the World Bank’s Global Report World Development Report – 2024 (WDR).
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