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 January 27, 2015 · Leave a Comment
2015 Growth Forecast for Azerbaijan Adjusted
The European Bank for Reconstruction & Development (EBRD) has announced Regional Economic Prospects 2015. The Bank has adjusted its official growth forecast from 3.0 % to 1.5 % in 2015. The Bank has reported that Azerbaijan has “suffered” because of its dependence on hydrocarbons whose prices have fallen. At that, the ERBD is confident in the country’s sustainability to external shocks and... Read More
Filed under News · Tagged with 2015 Growth Forecast for Azerbaijan Adjusted, 2015 oil output, 2015 oil price, Azerbaijan Economy, Azerbaijan economy 2014, Azerbaijan economy 2015, Azerbaijan GDP 2014, Azerbaijan GDP 2015, Azerbaijan oil output, Azeri oil income, Azeri Oil Production, GDP Forecast 2015, growth 2015, Growth Forecast 2015, oil price 2015, oil price in Azerbaijan
Posted by Administrator on December 30, 2014 · Leave a Comment
Assessment of Effect of Declining Oil Prices on Azerbaijan Economy
The main goal of the study is to assess how oil price decline in the world market will potentially impact Azerbaijani Economy. The paper specifically looks how last changes in the world market will effect on both revenue and expenditure sides of the state budget. The study also examines “side impact” and “domino effects” of low oil prices.
As an oil exporter country Azerbaijan... Read More
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