Automobile fuel sales increased by more than 6.5% in Azerbaijan
In January-April 2024, gasoline and diesel fuel worth 988.4 million manats or 581.4 million dollars were sold to consumers in the retail network of Azerbaijan.
This is by 6.6 percent more than in the same period last year, the monthly report of the State Statistics Committee of Azerbaijan.
In 4 months, 5.8 percent of the country's retail trade turnover was accounted for by consumer purchases of motor gasoline and diesel fuel. In January-April 2024, goods worth 17 billion manats ($10 billion) were sold to consumers in the retail trade network in Azerbaijan, including food, beverages and tobacco products worth 9.6 billion manats ($5.65 billion), non-food products worth 7.4 billion manats ($4.35 billion).
Energy
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The Kremlin has declined to predict the developments surrounding a possible deal between European companies and Azerbaijan for gas exports through Ukraine’s gas transportation system, noting Ukraine's refusal to extend its transit contract with Russia.
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The Saudi company ACWA Power has allocated $238 million for the construction of the "Khızı-Abşeron" wind power plant (WPP) with a capacity of 240 MW near Baku. According to the Middle Eastern publication “Gulf Business,” the power plant is expected to be fully operational in the first half of 2026.
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A gas trading center as part of the international gas hub project will be opened in Istanbul in 2025, said Türkiye's Minister of Energy and Natural Resources Alparslan Bayraktar in an interview with the “Milliyet” newspaper. "In 2025, we will create a robust infrastructure that, in partnership with “Botas” and “Gazprom”, will manage a trading platform in the Istanbul Financial Center.
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From January to October 2024, Russia boosted its pipeline gas exports to Europe by more than 15%, reaching 26.52 bcm, TASS reported based on daily data from Gazprom on transit through Ukraine and the European Network of Transmission System Operators for Gas (ENTSOG).
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