Azerbaijan Sees 3% Rise in Oil Product Exports

Baku: Azerbaijan exported 438,660.24 tons of oil products valued at 233,305.78 thousand US dollars from January to August this year.

According to Azeri-Press News Agency, this marks a 3.6% increase in volume but a 15% decrease in value compared to …

Azerbaijan’s Oil Exports to Italy Exceed 9 Million Tons

Baku: Azerbaijan exported nearly 16 million tons of oil to 20 countries from January to July this year.

According to Azeri-Press News Agency, Azerbaijan’s largest oil export destination during this period was Italy, with 9,198,216.58 tons of oil va…

Azerbaijan Targets Strategic Urban Development in Baku

Baku: Azerbaijan has identified specific areas in its capital city, Baku, for initial investment aimed at reconstruction. The focus will be on areas around Lake Boyukshor, situated between Heydar Aliyev and Ziya Bunyadov avenues, as well as the surrou…

SOCAR’s Gas Production Costs Surge by Over 5%

Baku: SOCAR’s gas production costs have risen significantly, with the actual cost of producing 1,000 cubic meters of gas reaching 80.25 manats last year.

According to Azeri-Press News Agency, this marks an increase of 4.22 manats or 5.5% compared t…