From January to September 2014 21,844,191 tons of Azerbaijan oil was pumped via the Baku-Tbilisi-Ceyhan (BTC) pipeline, down 3.1% against the same period in 2013.
SOCAR press office reported that in September 2014 2,285,783 tons of oil was transported via BTC, since putting of the pipeline into operation on June 4, 2006 till October 1, 2014 257,160,695 tons of oil has been transported.
In September 2014 385,597 tons of Turkmen and Kazakhstan oil were transported via BTC.
In September 2014 2,543,390 tons of Azerbaijani oil was shipped from the Ceyhan oil terminal. From January to September 2014 22,125,785 tons of oil was shipped from the terminal, a total of 255,269,699 tons of Azerbaijan oil was shipped from the terminal since launching the BTC oil pipeline.
The project partners include BP (30.1%); SOCAR (25%); Chevron (8.9%); Statoil (8.71%); TPAO (6.53%); ENI (5%); Itochu (3.4%); ConocoPhillips (2.5%); INPEX (2.5%), Total (5%) and ONGC (2.36%).—0--
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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