According to SOCAR’s Marketing and Economic Operations Department, during 10 months, 2013 oil products export totaled 867,254 tons.
14,034 tons of gasoline, 744,280 tons of diesel fuel, 108,641 tons of jet fuel and 299 tons of black oil (all deliveries fell to March) have been exported.
SOCAR reported that in October 2013 total export of Azerbaijani oil products reached 67,221 tons. In October 2013 it did not export gasoline, but it exported 55,006 tons of diesel fuel and 12,215 tons of jet fuel. SOCAR did not provide any information about the black oil export.
This year SOCAR has completely stopped gasoline export for the second time. The first time it happened in February 2013.—0—
Economics
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
-
The German-Azerbaijani Chamber of Commerce (AHK Azerbaijan) hosted its biannual Members' General Meeting in Baku on December 18, 2024, gathering over 80 business representatives to reflect on the chamber’s milestones and chart a path forward.
Leave a review