Posted by Administrator on May 18, 2017 · Leave a Comment
Azerbaijani oil output: In permanent decline?
The State Statistics Committee of Azerbaijan has reported that the country produced 12.6 million tons of oil in the first four months of 2017 that was by 9.5% less compared with the period of 2016. Oil stocks as of 1 May 2017 reached 414,700 tons against 629,300 tons by 1 April and 410,200 tons by 1 January 2017.
In 2016 the country produced 41.03 million tons of oil that was less than production for 2015... Read More
Filed under News · Tagged with Azerbaijan oil output, Azerbaijan oil output decline, Azerbaijan oil price, Azerbaijan oil production, Azerbaijan OPEC commitments, Azerbaijani oil output: In permanent decline?, Azeri oil outpur, Azeri oil output, azeri oil price, Oil, oil income, oil industry, oil output, oil price, OPEC commitment
Posted by Administrator on February 3, 2015 · Leave a Comment
Sharp Decline in Azerbaijani Oil Income in January 2015
Azerbaijan exported 1 million 697 thousand 768 tones crude oil through Baku-Tbilisi-Ceyhan (BTC) pipeline in January, 2015: according to the CESD report based on State Oil Company of Azerbaijan Republic’s (SOCAR) official figures. Meanwhile, the country exported 169, 507 thousand tones crude oil through Baku Novorosiysk and 254, 107 thousand tones via Baku Supsa pipelines in the indicated... Read More
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Posted by Administrator on September 17, 2013 · 1 Comment
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
Filed under News · Tagged with Azerbaijan oil production, Azerbaijan's oil production, Azeri Oil Export, Azeri Oil Export Sinks to Lowest Level Since 2010, Azeri oil output, Azeri-Chirag-Gunashli oil fields in the Caspian Sea, crude oil production, oil by Baku-Tbilisi-Ceyhan (BTC), oil export decline, oil export in Azerbaijan, oil production in Azerbaijan, State Oil Company of Azerbaijan Republic (SOCAR), The State Statistics Committee of Azerbaijan
Posted by Administrator on August 19, 2013 · Leave a Comment
Azerbaijan Economy in The First 7 Months of 2013; Brief Overview
CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first 7 months of the year on August, 16, 2013. According to CESD survey, GDP Growth was 3, 8 % in the first seven months of 2013 meanwhile, the center’s price calculation results reached 3,17 % inflation rate in the same period.
State Statistics Committee of Azerbaijan, however, reported... Read More
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Posted by Administrator on July 23, 2013 · Leave a Comment
Azerbaijan Economy in The First Half of 2013; Brief Overview
CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first half of year on July, 22, 2013. According to State Statistics Committee of Azerbaijan, oil production is in stabilization phase in Azerbaijan, now since the committee reported only 0,7 % decline in oil GDP. CESD calculations, however, show that oil GDP declined by 2,1 % in the indicated... Read More
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Posted by Administrator on May 21, 2013 · Leave a Comment
Azerbaijan Economy in The First Four 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 May, 17, 2013. Independent calculated data show that decline in oil production and oil export was continued in the first four months of 2013. Meanwhile, the government reports also proof that decline in oil export continue in the same period of 2013. State... Read More
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Posted by Administrator on March 21, 2013 · Leave a Comment
World Top Mass-Media Institutions Cite CESD Reports
Some leading world newspapers have recently distributed article on Azerbaijan economy which titled as “Loose fiscal policy could threaten Azeri economy” where roughly cited CESD reports. The article addresses CESD reports and macro-economic calculations as the main alternative and independent source in the country. Azerbaijan economy was discussed in the report based on both State Statistic... Read More
Filed under News · Tagged with Azerbaijan, Azerbaijan Economy, Azeri oil output, Azeri Oil Production, Azeri oil sector, CESD, GDP Growth, Independent Report, non-oil sector, oil output, oil sector Azerbaijan, Statistic Report
Posted by Administrator on February 15, 2013 · Leave a Comment
Decline in Azerbaijan’s Industrial Production Linked to Downward Trend in its Oil Sector
Azerbaijan industrial production dropped to 3,0 billion manat ($ 3,84 billion) in January 2013, according to data released by the State Statistic Committee of Azerbaijan. Compared to this time last year, industrial production has declined 2,0%, down from 3,06 billion manat ($ 3,92 billion) in industrial products registered in January 2012.
According to the State... Read More
Posted by Administrator on February 7, 2013 · Leave a Comment
Trend of Decline in Azeri Oil Export
CESD Forecasts decline in oil output by 5,0 % in 2013
Azeri oil export declined by 15.3% in January 2013 compared with the previous month according to State Oil Company of Azerbaijan (SOCAR). The company reports that it exported 1.67 million tons in January 2013 (compared to 1.976 million tons in December). Last year’s highest export occurred in July (2.36 million tons).
In January 2013, 2,629 tons of oil was... Read More
Posted by Administrator on November 17, 2012 · Leave a Comment
BP prepares plan for oil production from ACG for 2013
In continuation of discussions with the State Oil Company of Azerbaijan, BP completed the detailed review of productiveness of the ACG block of fields in Caspian Azeri sector. The statement is contained in the press release of the BP company. “The aim of the review is the analysis of the plan of production supply for 2013 and revealing the ability to react to technical problems”, the message... Read More
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