Tariffs for Transportation of Trucks to Turkmenbashi Also Reduced by 20%
On March 31, tariffs for freight transportation via Baku-Turkmenbashi-Baku reduced by 20%.
According to the information on the site of CJSC Azerbaijan Caspian Shipping Company, it will strengthen the competitiveness, increasing the efficiency of transit transport corridors through the territory of the country, which will attract additional cargo in a flexible and transparent tariff policy.
According to official information, the freight rate to one end of the route of a standard truck-trailer 16.5 meters long today is $ 1,072. In the case of advance ticket purchase round-trip fare will be $ 1,716 (it was $ 2,144) based on the ticket for the driver.
It is noted that the tariff for the transportation of wheeled vehicles longer than 16.5 meters or less will be calculated in proportion to its length.
Recall, at the end of last year by fifth were reduced tariffs for the transportation of cars on the route Baku-Aktau-Baku - to $ 1.2 thousand; for a standard truck-trailer 16.5 m in the same direction, back and forth - $ 2.1 thousand. --17D-
Economics
-
Azerbaijan's financial standing continues to strengthen as the country's foreign currency reserves have surged to $71 billion as of January 1, 2025, according to the Ministry of Finance. This figure, which includes reserves held by the State Oil Fund of Azerbaijan (SOFAZ) and the Central Bank of Azerbaijan (CBA), far exceeds the nation's external debt, which stands at a fraction of its reserves, specifically nearly 14 times less. This robust reserve position reflects Azerbaijan's fiscal stability and the government’s strategic economic management.
-
According to operational data from the Ministry of Energy of Azerbaijan, in January 2025, the country produced 2.3 million tons of oil, including condensate, and 3.9 billion cubic meters of gas.
-
The State Oil Company of Azerbaijan (SOCAR) has opened a representative office in Albania and is set to launch a specific project this year, the Albanian company "Albgaz" announced.
-
"Azerbaijan is currently among 54 middle-income countries," said Shahmar Movsumov, head of the Economic Affairs and Innovative Development Policy Department of the Presidential Administration, during the presentation of the World Bank’s World Development Report 2024 in Baku on February 10.
Leave a review