Ukraine Ministry of Infrastructure has approved 75% discount of rates for transit of oil tankers via the Southern port, including the Odessa-Brody oil pipeline, reported Ukrainian media on Tuesday.
The same source said that the decision will create attractive conditions for oil transit using the Odessa-Brody oil pipeline.
* The pipeline is 674 km long and has a diameter of 1020 mm. Capacity of the oil pipeline and terminal is 9 million tons a year.—0—
Economics
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According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
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The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
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Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
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Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
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