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Baku/09.08.23 /Turan: The tanker “Shusha”, built in Singapore with a deadweight of 115 thousand tons, completed its first voyage, delivering crude oil from the Libyan port of Es Sider to the port of Augusta (Italy).
The vessel was acquired by the joint venture SA Maritime AFEZCO, which was created on a parity basis with the approval of the Supervisory Board of Azerbaijan Caspian Shipping Company (ASCO) CJSC and the State Oil Company of Azerbaijan (SOCAR), the press service of the shipping company reports.
Azerbaijan Caspian Shipping Company CJSC was established in October 2013. Along with the transport fleet, ASCO includes a specialized fleet and ship repair plants.
The transport fleet consists of 53 vessels, including 22 tankers, 13 ferries, 14 universal bulk carriers, 2 Ro-Ro vessels, 2 Ro-Pax vessels. The specialized fleet consists of 210 vessels, including 20 cranes, 25 towing and supply vessels, 26 passenger vessels, 2 pipe-laying vessels, 6 fire-fighting vessels, 7 geological engineering vessels, 2 diving vessels, and 88 service and auxiliary vessels. –0--
Energy
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From January to May 2024, Azerbaijan imported 616.2 thousand tons of oil Russia, a third more compared to last year, Interfax reports. In monetary terms, the cost of imported Russian oil has also risen by almost a third — to $339 million. In total, Azerbaijan purchased 742.3 thousand tons of black gold in the first five months of this year (+18% compared to January-May 2023) for $416 million. Thus, Russia's share in Azerbaijani crude oil imports amounted to 83%.
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1.11 billion barrels of oil were produced from the “Central Azeri” platform, commissioned in February 2005, as part of the full-scale development of the Azeri-Chirag-Guneshli (ACG) field, by July 1, 2024, the State Oil Company of Azerbaijan (SOCAR), which has a 25 percent share in the ACG project.
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Yesterday, Azerbaijani Economy Minister Mikail Jabbarov held a meeting with Ahmed Moalim Figi, Somali Minister of Foreign Affairs and International Cooperation. They discussed issues related to bilateral economic relations between the countries and potential partnership opportunities in the energy sector. The parties stressed the expediency of establishing mutually beneficial economic ties between the two countries, expanding the contractual and legal framework in order to support the development of relations, as well as exchange of experience in areas of mutual interest.
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Azerbaijani gas supplies to Serbia may be increased in the foreseeable future, the parties are currently discussing this issue, the Minister of Labor and Social Protection of the Population of Azerbaijan Sahil Babayev told journalists.
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