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Azerbaijan plans to supply Tajikistan with oil for refining
Baku/10.07.23//Turan: Azerbaijan plans to supply oil to Tajikistan for processing at the “Dangara” plant.
According to the Ministry of Economic Development and Trade of Tajikistan, at meetings in Baku, Minister of Economic Development and Trade of Tajikistan Zavki Amin Zavkizoda discussed agreements on strengthening trade and economic cooperation between the countries.
In addition, they discussed raising capital for the reconstruction of JSC “Tajik Aluminum Company,” the export of aluminum, cryolite and aluminum fluoride from Tajikistan to Azerbaijan, the import of alumina from Azerbaijan to Tajikistan, the processing of agricultural products, the provision of discounts for transportation by rail, the development of tourism, the exploration of deposits in Tajikistan and the increase in bilateral trade. –0
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- Economics
- 10 July 2023 11:43
Energy
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In January-November 2024, Azerbaijan imported 513.5 mcm of natural gas worth nearly $82 million. In the same period of 2023, Azerbaijan imported 2 billion 217.7 mcm of natural gas, the monthly bulletin "Foreign Trade Relations of Azerbaijan," prepared by the State Statistics Committee of the Republic of Azerbaijan.
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In January-November 2024, Azerbaijan imported 1.724 million tons of crude oil worth $948.86 million, the monthly bulletin "Foreign Trade Relations of Azerbaijan," prepared by the State Statistics Committee of the Republic of Azerbaijan. Based on the official statistics, Turan Agency calculated that the average cost of 1 ton of imported oil was $550.38, or about $74.37 per barrel. During the same period in 2023, Azerbaijan imported 1.782 million tons of oil worth $994.04 million. The average cost of 1 ton of imported oil was $557.68, or about $75.36 per barrel.
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In January-November 2024, Azerbaijan spent $306.1 million on fuel imports (gasoline, diesel fuel, and aviation kerosene), by 74% more than in the same period of 2023, the monthly bulletin "Foreign Trade Relations of Azerbaijan," prepared by the State Statistics Committee of the Republic of Azerbaijan.
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The Central Bank of Azerbaijan (CBA) forecasts the average oil price for 2025 at $77.3 per barrel, the chairman of the CBA, Taleh Kazimov, stated at a press conference.
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