increases – QIA.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/

Azerbaijan increases silk exports by over 12 times

[ad_1] In January-July this year, Azerbaijan imported silk worth $ 11,000 ($ 20.000 – 2,8 times less than last year), Report mentions, referring to the State Customs Committee). The value of Azerbaijan’s silk exports for seven months amounted to $ 2.022 million, which is $ 1.859 million (12.4 times) more than a year ago. During… Continue reading Azerbaijan increases silk exports by over 12 times

Azerbaijan increases commercial gas production over 11%

[ad_1] In the first half of this year, Azerbaijan produced 20,096,200 tons of crude oil, including gas condensate. According to the State Statistics Committee, 20,058,600 tons of this volume fell to the share of commercial crude oil. During the reporting period, oil production was 2.6% (commodity 2.3%) less than last year. In January-July this year,… Continue reading Azerbaijan increases commercial gas production over 11%

EU increases funding for vaccination in Azerbaijan

[ad_1] The European Union has increased funding to countries of the Eastern Partnership program to purchase the COVID-19 vaccine, Report informs, citing the European Commission. It was noted that the funds allocated to Azerbaijan, Belarus, Georgia, Moldova, Ukraine, and Armenia were increased by EUR 35 million to EUR 75 million. In February this year, the… Continue reading EU increases funding for vaccination in Azerbaijan

SOFAZ increases stake of shares in investment portfolio

[ad_1] As of July 1, 2021, the share of bonds and other money market instruments in the investment portfolio of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 62.9%, which is 3.9 percentage points less than on July 1, 2021, Report informs with reference to the Fund. SOFAZ increased stake of shares in the… Continue reading SOFAZ increases stake of shares in investment portfolio

Georgia’s trade turnover with Azerbaijan increases by 10%

[ad_1] In the first half of this year, Georgia’s trade turnover with Azerbaijan amounted to $ 493.25 million, which means an increase of 9.5% compared to the same period last year, the local Bureau of Report informs. In January-June this year, Azerbaijan ranked fourth among Georgia’s main trading partners with a share of 7.9% in… Continue reading Georgia’s trade turnover with Azerbaijan increases by 10%

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%

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%

SOCAR increases oil export via Baku-Novorossiysk 17 times

[ad_1] The State Oil Company of Azerbaijan (SOCAR) exported 498,550 tons of oil via the Baku-Novorossiysk oil pipeline from January through June 2021, according to the operational summary of the Central Dispatching Office of the Fuel and Energy Complex of the Russian Energy Ministry, Report informs referring to Interfax. Some 498,550 tons of oil were… Continue reading SOCAR increases oil export via Baku-Novorossiysk 17 times