The volume of oil and gas export of Azerbaijan for the first three quarters fell by almost 9%
Azerbaijan exported in January-September this year, the oil and gas production for a total of more than $ 23.4 billion, up $ 2.3 billion or 8.9% less than in the corresponding period of 2011. The share of oil and gas exports amounted to 94.5% of the total merchandise exports of the country, which is 1.3% less than in the previous year.
According to the balance of payments, the total volume of oil exports for the period $ 21.3 billion (for the three quarters of 2011 - $ 23.4 billion), or 91% was contributed by crude oil, $ 1.2 billion - the share of petroleum products. In the structure of exports of crude oil the oil produced by the Azerbaijan International Operating Company (AIOC) amounted to $ 20.1 billion ($ 22.3 billion). During the reported period, other companies of the country exported oil to the U.S. at $ 1.2 billion ($ 1.1 billion), including $ 1.1 billion ($ 1.05 billion) by the state oil company.
Gas exports in the first nine months amounted to about $ 940 million (for the same period in 2011 - $ 1.01 billion). - 15B -
Economics
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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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