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

Azeri Oil Export Declined in the First Quarter of 2013

Azeri Oil Export Declined in the First Quarter of 2013 SOCAR Marketing and Economic Transactions Office exported 4,586 million tonnes of crude oil from the Ceyhan port in the first quarter of 2013. In January, the port exported 1,429, million tonnes, in February-1,743 million tonnes and in March – 1,414 million tonnes  as the SOCAR reported. Meanwhile, SOCAR exported 411,339 tonnes of oil by the Baku-Novorossiysk pipeline in the same period. Compared... Read More

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)... Read More

SOCAR Oil Export Declined by 7 % in the first quarter of 2012

SOCAR Oil Export Declined by 7 % in the first quarter of 2012 The State Oil Company of Azerbaijan exported 5,2 million tonnes of oil via all routes including Baku-Novorossiysk, BTC and Baku-Supsa pipelines in the first quarter of 2012 which is 7,2  % lower than compare with the same period last year. SOCAR exported 5,6 million tonnes in the first three months of 2011 . Sources at the SOCAR mentioned that Baku-Novorossiysk exported 496,8 thousand... Read More

Oil keeps dominant position in Azeri export as 92% of total export

Oil keeps dominant position in Azeri export as 92% of total export Oil and oil products made 92,0 % of Azerbaijan’s export by results of January-February 2012. According to sources in the State Customs Committee, in the reporting period, crude oil made 86,0 % of Azerbaijan’s export and oil products made 6,0 %. According to the State Committee reports, oil and oil products made 92,0 % of Azerbaijan’s export in 2011, too. “Only 8... Read More

SOCAR oil export fall 13,5 % in January

SOCAR oil export fall 13,5 % in January The State Oil Company of Azerbaijan exported 117,249 tonnes of oil products in January 2012.  This indicator is 13.5% lower than of the same period of the last year. Automobile gasoline-5,678 tonnes, diesel fuel-101,350 tonnes, jet fuel-10,221 tonnes dominate in SOCAR’s export. Azerbaijan has two oil refineries-Azerneftyag and Baku oil refinery named after Heydar Aliyev with a total oil refining capacity... Read More