SOCAR: Azerbaijan and Kazakhstan Have No Agreement on Supply of Gasoline
Azerbaijan and Kazakhstan to date have no formal agreement on the supply of gasoline, said the spokesman of the State Oil Company of Azerbaijan (SOCAR) Nizamaddin Guliyev, reports bnews.kz. "A proposal from the Kazakh side is available, but to date there is no formal agreement on this issue," said Guliyev.
The press secretary did not comment on the possibility to export Azerbaijani petrol to a particular foreign country.
Earlier, the First Deputy Minister of Energy of Kazakhstan Uzakbai Karabalin said the National Company KazMunaiGas to cover the deficit of fuel and lubricants in the country is considering importing gasoline from Azerbaijan and Turkmenistan.
On Monday, the Azerbaijani media reported that Kazakhstan signed a contract for the supply of three thousand tons of gasoline AI-92 from Azerbaijan, and in other publications on Wednesday, citing a source in SOCAR, they said that Azerbaijan has refused to export gasoline to Kazakhstan, explaining that today virtually all the gasoline produced in the country comes to the domestic market. -12D--
Economics
-
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.
-
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.
-
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.
-
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.
Leave a review