During 11 months, 2013 SOCAR has exported 824,292 tons of diesel fuel, reported the Azerbaijan State Statistical Committee.
Export of diesel fuel reduced by 16,008 tons against the same period last year.
In January 2013 export of Azerbaijani diesel fuel totaled 86,588 tons, in February – 82,376 tons, in March – 81,363 tons, in April – 99,097 tons, in May – 76,465 tons, in June – 64,702 tons, in July – 78,089 tons, in August – 62,741 tons, in September – 56,176 tons, in October -55,006 tons and in November – 80,012 tons.
During 2012 SOCAR exported 921,057 tons of diesel fuel.
According to SOCAR, in November 2013 1 ton of diesel fuel cost $909.73 at the world market.—0—
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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