Azerpambig quadruples export revenues  | Report.az

[ad_1] Azerpambig Agrarian Industrial Complex LLC, a subsidiary of Azerbaijan Industrial Corporation, exported products worth $ 55 million in January-July 2021, up 4.1-fold from the previous year, Report informs, citing Export Review of the Center for Economic Reforms Analysis and Communication. Azerpambig was established in 2018. The company is engaged in producing, supplying, processing, and… Continue reading Azerpambig quadruples export revenues  | Report.az

SOCAR Polymer increases export revenues 64%

[ad_1] In January-July this year, SOCAR Polymer LLC, a 57% subsidiary of the State Oil Company of Azerbaijan (SOCAR), exported products worth $ 122.7 million. Report informs, citing the Center for Economic Reforms Analysis and Communication, that this is 63.8% more than in the same period last year. [ad_2] https://report.az/en/energy/socar-polymer-increases-export-revenues-64/

WTO, IMF, and WB urge to eliminate export restrictions on COVID-19 vaccines

[ad_1] The export restrictions and any other trade barriers on COVID-19 vaccines and the inputs involved in their production should be eliminated, the World Health Organization (WHO), the World Trade Organization (WTO), the International Monetary Fund (IMF), and the World Bank said in a joint statement. “This crisis of vaccine inequity is driving a dangerous… Continue reading WTO, IMF, and WB urge to eliminate export restrictions on COVID-19 vaccines

Oil export from Sangachal terminal declines by 10% 

[ad_1] During the first six months of 2021, the Sangachal terminal exported about 115 million barrels of oil and condensate, down 9.45% from the previous year, Report informs, referring to BP-Azerbaijan. This included about 99 million barrels through Baku-Tbilisi-Ceyhan (BTC) (down 10.8%) and about 16 million barrels through the Western Route Export Pipeline (WREP). On… Continue reading Oil export from Sangachal terminal declines by 10% 

Production, export of natural gas grows in Turkmenistan

[ad_1] Deputy Prime Minister of Turkmenistan Shahym Abdrahmanov announced the production indicators for the first seven months of 2021 during a meeting of the Cabinet of Ministers, Report informs. From January through July 2021, the Turkmen fuel and energy complex achieved the highest growth rate in gas exports – a 137-percent increase, compared to the… Continue reading Production, export of natural gas grows in Turkmenistan

How much gas did Azerbaijan export in 1H21?

[ad_1] In the first half of 2021, Azerbaijan exported 10.379 billion cubic meters of natural gas, Report informs, citing the State Customs Committee. Azerbaijan earned $1.586 billion from exporting gas. In 1H2021, Azerbaijan supplied 6.293 billion cubic meters of gas to Turkey for $880.7 million and 1.99 billion cubic meters of gas to Georgia for… Continue reading How much gas did Azerbaijan export in 1H21?

Azerbaijan increases natural gas export by 57%

[ad_1] In January-June of this year, according to the customs declarations, Azerbaijan exported 10.379 bn cubic meters of natural gas, Report informs, citing the statistics of the State Customs Committee. According to the information, in the past six months, the value of these export volumes made $1.586 bn. In January-June of this year, the volume… Continue reading Azerbaijan increases natural gas export by 57%

Export of Indian pharmaceutical production in Azerbaijan up 20%

[ad_1] “During last year, despite the constraints posed by the pandemic, we have seen a 20% increase in India’s exports of pharmaceutical products to Azerbaijan,” Indian Ambassador to Azerbaijan Bawitlung Vanlalvawna told in an interview with Report. “Azerbaijani agencies are cooperating with Indian companies for registering their products in Azerbaijan as well as encouraging them… Continue reading Export of Indian pharmaceutical production in Azerbaijan up 20%

Minister of Economy: Export of non-oil products increases by 40%

[ad_1] “Export potential of the non-oil sector in Azerbaijan is increasing,” Minister of Economy Mikayil Jabbarov wrote on Twitter. “Export of non-oil products in the six months of 2021 amounted to $1,162.4 million, showing a 27.1% increase over a year earlier. The volume of non-oil products also grew by 40.1%. In the first half of… Continue reading Minister of Economy: Export of non-oil products increases by 40%

TAP expected to export more than 5 bcm of natural gas this year 

[ad_1] Approximately 3 bcm of natural gas has been exported via TAP in the first half of 2021, and flows are set to exceed 5 bcm in 2021 as a whole, Report informs, referring to the International Energy Agency (IEA). According to the IEA, Europe’s net pipeline imports declined by over 10% in 2020, owing… Continue reading TAP expected to export more than 5 bcm of natural gas this year