Oil Dominates in Azeri Export

Oil Dominates in Azeri Export 91.33% of total exports of Azerbaijan accounted for oil and petroleum products in the first five months of 2012 . According to the State Customs Committee (SCC) during the period 86.45% of total exports accounted for Azerbaijani crude oil, while 4.88% for oil products. According to the results of 2011, 91.94% of total exports accounted for oil and petroleum products.  During this period, 86.2% of total exports accounted for crude, while 5.74% for... Read More

New Gas Export Agreement

New Gas Export Agreement A preliminary agreement between BOTAS and SOCAR on organizational issues with regard to TANAP was signed by Azerbaijani minister of industry and energy Natig Aliyev, Turkish minister of energy and natural resources Taner Yildiz, SOCAR president Rovnag Abdullayev and BOTAS deputy director general Mehmet Konuk, APA reports. The Host Country Agreement between the Turkish Government and Trans-Anatolian Natural Gas Pipeline Project Company was signed by... Read More