Azeri Oil Export Sinks to Lowest Level Since 2010

Azeri Oil Export Sinks to Lowest Level Since 2010 Azerbaijan exported 20, 22 million tons oil by Baku-Tbilisi-Ceyhan (BTC) in the first eight months of 2013 according to the CESD sources at the State Oil Company of Azerbaijan Republic (SOCAR). Oil export declined by 2, 2 % in the indicated period compared with the same period of 2012. 20, 66 million tons Azeri oil was exported in the first eight months of 2012. BTC transported 29.67 million tons of... Read More

Azerbaijan Economy in The First Five Months in 2013; Brief Overview

Azerbaijan Economy in The First Five Months in 2013; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first four months of year on June, 17, 2013. Meanwhile, State Statistic Committee reported that oil output in Azerbaijan declined by 3,0 % in the first five months of 2013 compared with the same period in 2012. Azerbaijan’s oil production was 18.1million tons in this period according... Read More