Bank Of Baku

Azerbaijan boosts crude oil exports by 7-fold

Azerbaijan boosts crude oil exports by 7-fold
# 28 October 2008 10:37 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. Azerbaijan exported 65 322 033.6 tons of crude oil worth $36 202 812 500 and 1 942 269.2 tons of oil products $1 603 312 400 abroad during January-September, said the State Customs Committee.
Of this, 1 133 923.2 tons was pumped through Baku-Novorossiysk Pipeline, 83 643.9 tons through Baku-Supsa Pipeline, 24 805 848.1 tons through Baku-Tbilisi-Ceyhan Pipeline and 1 900 251.4 tons by rail.
Crude oil exports represented a 7.1 times rise on the same period last year while oil products were a 16% decline.
78.72 of crude oil exports were provided by AIOC and 21.28% by SOCAR while 83.85% of oil products came from SOCAR, 5.03% from QKSSS LLC, 3.78% from Azneftyagh and 2.63% from Caspian Petrol-1.
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