Oil Contributes 87,0 % of Total Export in Azerbaijan

Oil Contributes 87,0 % of Total Export in Azerbaijan

The share of crude oil in Azerbaijan’s overall export made up 86.29% against 86.62% in 2011, 86.53% in 2010 and 81.57% in 2009. In the first quarter of 2012 oil export grew by 6.76% versus last year’s same term.

The State Customs Committee (SCC) informs that for Jan-Apr 2012 the country’s oil export reached 12.086 million tons (5.989 million tons in April is still the best index of the year) of oil (data of controlling and measuring appliances) and cargo custom declarations recorded only 8.36 million tons for $7.277 bn, i.e. 69.18% of overall export. This April 2.38 million tons of oil for $2.258 bn passed customs registration. Average export price of Azeri oil, according to customs statistics, still makes up $870.29 per ton in 2012, including $947.27 per ton in Apri.

For Jan-Apr 2012 it was carried 9.527 million tons via Baku-Tbilisi-Ceyhan (BTC) named after Heydar Aliyev, 1.46 million tons via Baku-Supsa pipeline, 648,981 tons via Baku-Novorossiysk pipeline and 348,555 tons by rail via Baku-Batumi route.

Over 2011 the country’s oil export reached 37.45 million tons of oil (data of controlling and measuring appliances) and cargo custom declarations recorded only 27.825 million tons for $22.911 bn, i.e. 74.3% of overall export. Average export price of Azeri oil, according to customs statistics, made up $823.39 per ton in 2011.

Over 2011 the country’s oil export reached 37.45 million tons of oil (data of controlling and measuring appliances) and cargo custom declarations recorded only 27.825 million tons for $22.911 bn, i.e. 74.3% of overall export. Average export price of Azeri oil, according to customs statistics, made up $823.39 per ton in 2011.

In 2011 it was carried 30.658 million tons via Baku-Tbilisi-Ceyhan (BTC) named after Heydar Aliyev, 3.812 million tons via Baku-Supsa pipeline, 1.996 million tons via Baku-Novorossiysk pipeline and 982.801 tons by rail via Baku-Batumi route.

In 2010 the country exported 31.86 million tons of crude oil for $18.45 million versus 27.829 million tons for $11.989 million in 2009.

By 1 January 2011 the pipelines pumped (data of controlling and measuring appliances) 4.414 million tons of oil (including 3.066 million tons in December) against 41.29 million tons in 2009 and carried 1.24 million tons (70,626 tons) by rail against 1.399 million tons.

It was pumped 2.247 million tons out of the total transportation via Baku-Novorossiysk oil pipeline in 2010 (against 2.48 million tons in 2009), 35.18 million tons (34.57 million tons) via BTC, 3.985 million tons (4.235 million tons) via Baku-Supsa oil pipeline.

In 2008 the average export price of Azerbaijani oil reached $565.67 per ton (including $373.89 per ton in December of that year), in 2009 – $430.83 per ton ($547.66 per ton in December), in 2010 – $579.19 per ton ($630.18 per ton). In 2011 the average export price was $683.65 per ton.

For Jan-Apr 2012 overall export from Azerbaijan totaled $8.4 bn.

 

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