Baku/27.09.23//Turan: In January-July 2023, the countries of the European Union (EU) imported 85.68 thousand tons of urea from Azerbaijan (an increase of 5.9 times) for 33.114 million euros (an increase of 3.7 times), the monthly report of the Statistical Office of the European Union (Eurostat).
The top five importers of urea in January-July included: Romania - 55,785 thousand tons (3.8 times growth), Italy - 19,440 thousand tons, Greece - 5.5 thousand tons (there were no deliveries a year ago), Slovenia - 4,753 thousand tons (there were no deliveries a year ago) and Poland - 0.18 thousand tons (there were no deliveries a year ago.)
According to statistics, in July 2023, Azerbaijan exported 9.92 thousand tons of these products to the EU (an increase of 74% compared to July 2022) for 2.94 million euros (a decline of 18.9%) and almost all of this volume was delivered to Romania.
According to Eurostat, in 2022, EU countries imported 78,651 thousand tons of carbamide from Azerbaijan (an increase of 31.9% compared to 2021) by 53.784 million euros (an increase of 1.7 times or 74.2%).
SOCAR Carbamide Plant is engaged in the production of mineral fertilizers in Azerbaijan.
SOCAR Carbamide Plant was put into operation on January 16, 2019, in June the company began exporting carbamide. The enterprise includes three production sites: ammonia production; urea production; production of urea granules. For the production of these products, the plant uses domestic natural gas as raw materials. -0-
Energy
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In 2023, Azerbaijan produced 4 million 369.8 thousand tons of fuel (automotive gasoline, diesel fuel, and aviation kerosene), whereas last year the total volume amounted to only 3 million 906.9 thousand tons. Over the past year, fuel production in the country decreased by 462.9 thousand tons, or by 10.6%.
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According to preliminary data, in the past year, Azerbaijan's gross domestic product (GDP) amounted to 126.3 billion manats (approximately $74.3 billion at the current exchange rate), a 4.1% increase compared to 2023, the monthly report by the State Statistical Committee of the Republic of Azerbaijan.
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In 2024, the total volume of oil and condensate production in Azerbaijan amounted to 29 million 63 thousand tons, the monthly report by the State Statistical Committee of the Republic of Azerbaijan.
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The Trans Adriatic Pipeline (TAP AG) consortium has developed a roadmap for preparing to transport hydrogen, according to TAP AG. “TAP’s goal is to develop infrastructure for hydrogen transportation. We have defined a roadmap for preparing for the medium- and long-term transportation of natural gas and hydrogen blends, as well as renewable gases. A preliminary study in 2021 confirmed the potential of TAP for transporting hydrogen mixtures in the future. Currently, we are conducting pipeline material tests at an international laboratory. The results of the first tests were received in the fourth quarter of 2024 and are now under evaluation. The next round of tests has already begun, and results are expected in 2025,” said the consortium.
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