Bank Of Baku

Azerbaijan cuts petroleum products exports by 10%

Azerbaijan cuts petroleum products exports by 10%
# 26 January 2009 10:24 (UTC +04:00)
Baku. Rashad Suleymanov – APA-Economics. Azerbaijan exported 78 085 691 700 tons of crude oil worth $44 170 910 600 and 2 847 314.5 tons of oil products $2 054 376 500 abroad during 2008, said the State Customs Committee.
Crude oil exports represented a 12.3times rise on the same period last year while oil products were on a 9.5% decline.
Of this, 1 383 295.2 tons was pumped through Baku-Novorossiysk Pipeline, 757 860.5 tons through Baku-Supsa Pipeline and30 779 763.2 tons through Baku-Tbilisi-Ceyhan Pipeline.
73.86% of crude oil exports were provided by AIOC and 25.46% by SOCAR while 86.89% of oil products pumped by SOCAR, 3.45% from QKSSS LLC, 3.24% from Azneftyagh and 2.43% from Caspian Petrol-1.
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