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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At a meeting in Istanbul, the board of directors of SOCAR Türkiye discussed the company’s goals and projects for the upcoming year, SOCAR Türkiye reported.
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As of January-November 2024, Azerbaijan’s electricity production totaled 23.55 billion kWh, by 2.2% lower than in the same period last year.
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From January to November 2024, Azerbaijan exported 1.745 billion kWh of electricity worth $93.9 million, the monthly report of the State Customs Committee of Azerbaijan. This is by $285.4 million (75.2%) less than in the same period last year and 2.178 billion kWh (55.5%) less in volume. Electricity exports during the reporting period accounted for 0.39% of Azerbaijan’s total exports and 3.04% of non-oil sector exports.
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Türkiye has received an exemption from the United States for "Gazprombank" in relation to payments for Russian gas, the NTV channel reported citing a statement by Türkiye's Minister of Energy, Alparslan Bayraktar. It is noted that this issue was previously discussed with U.S. Secretary of State Antony Blinken during his visit to Türkiye.
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