Azerbaijani Oil Export Declined by 23.7 % in April 2016

Azerbaijani Oil Export Declined by 23.7 % in April 2016 State Oil Company of Azerbaijan Republic (SOCAR) exported 159 599 tons of crude oil from Novorossiysk port, 176 598 tons from Supsa port, 1 112 953 tons from Ceyhan port in April 2016.Generally, 239 536 tons of crude oil was exported from Novorossiysk port, 776 198 tons from Supsa, 5 741 694 tons from Ceyhan port, 14 946 tons from Kulevi port in January-April 2016. Download Full Report Here  Read More

How much money Azerbaijan Oil Fund has?

How much money Azerbaijan Oil Fund has? Budget revenues of the State Oil Fund of the Republic of Azerbaijan (SOFAZ) for the period of January-December, 2011 reached 15 628.3 million mantas or 19 875.7 million dollars, while budget expenditures constituted 9 606.6 mln. Mantas or 12 217.4 million dollars. Revenue of 15 451.9 mln. manats or 19 651.4 million dollars was received from implementation of oil and gas agreements, including 15 257.5... Read More