Azeri oil export by BTC pipeline Decreased

Azeri oil export by BTC pipeline Decreased The Baku-Tbilisi-Ceyhan pipeline exported 20,7 million ton of oil in January-August.  According to sources in the State Oil Company of Azerbaijan, this is a drop of 2,1 million ton over January-August 2011. Export made 2,7 million ton in January, 2,5 million ton in February,  2,7 million ton in March, 2,3 million ton in April, 2,8 million ton in May, 2,7 million ton in June, 2,1 million  ton in July, 2,7... Read More

SOFAZ allocates over $4 billion for various projects and programs

SOFAZ allocates over $4 billion for various projects and programs The State Oil Fund of Azerbaijan (SOFAZ) allocated about 3.34 billion manat for the implementation of various infrastructure projects and other needs as of July 1, the official website of the State Oil Fund said on Friday. A significant amount of funds directed at improving the welfare of refugees and internally displaced persons, as well as addressing their employment. The State... Read More