Insurance companies - members of the Bureau of Compulsory Insurance (BCI) concluded 916,744 agreements on the liability insurance of vehicle owners to third parties in 2012.
According to the report of the Bureau, of these about 225 thousand contracts occurred in transit. As expected, the largest number of vehicles crossing the border, are registered in Turkey, Georgia, Russia and Iran. The share of the four is 79.95% of the total flow of foreign cars.
Table of transit traffic that crossed the Azerbaijan in 2012
Number Country Number of transport units
1 Turkey 73831
2 Georgia 53985
3 Russia 32543
4 Iran 19144
5 Germany 10813
6 Ukraine 7768
7 South Korea 7143
8 Japan 3648
9 USA 2865
10 Belarus 1244
11 Bulgaria 1073
12 Other countries Less than a thousand for every 10 470
Total 224 527
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Economics
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Azerbaijan's vegetable and fruit exports dropped in the first ten months of 2024, with physical weight down 4.1% and value falling 1.7% compared to the same period last year, according to the State Statistics Committee. Key export products, including potatoes and hazelnuts, saw significant declines, while apples, persimmons, and tomatoes showed modest gains.
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The largest scheduled maintenance ever carried out at the STAR Refinery since its launch under SOCAR's management six years ago took place from September to October 2024. This overhaul will allow the facility to increase its capacity by almost a third compared to its initial design.
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Turkey is in talks with the United States seeking an exemption from sanctions imposed on Russia’s Gazprombank, a key financial institution for energy transactions, to maintain gas payments to Russia, Energy Minister Alparslan Bayraktar said on Tuesday.
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Kazakhstan is charting an ambitious course to transform its oil export infrastructure, aiming to increase annual shipments via the Baku-Tbilisi-Ceyhan (BTC) pipeline by more than thirteenfold—from the current 1.5 million tons to an estimated 20 million tons. The bold strategy, presented by Energy Minister Almasadam Satkaliyev during a parliamentary session, underscores Kazakhstan’s intent to become a major player in the energy supply chain stretching from Central Asia to Europe.
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