Azerbaijan sees 14% growth in milk import
In January-April 2019, Azerbaijan imported 2,734 tonnes of milk worth $3.768 million, respectively up $459,000 or 13.9% and 465 tonnes or 20.5% from the previous year, Report informs citing the…
Section: Business
Azerbaijan sees 28% growth in wheat import
In January-April 2019, Azerbaijan imported 518,704 tonnes of wheat worth $117.08 million, respectively up $46.109 or 65% and 111,862 tonnes or 27.5% from the previous year, Report informs citing the…
Azerbaijan fulfilling commitments under OPEC deal
The level of fulfillment of Azerbaijan’s commitments to reduce oil production under the OPEC+ agreement in January-April 2019 was 130 percent, Azerbaijani Energy Minister Parviz Shahbazov said. He was speaking…
Trade turnover between Georgia and Azerbaijan exceeds $362M
The trade turnover between Georgia and Azerbaijan made up $362,140,000 in January-April 2019, the National Statistics Office of Georgia said in a statement, Report’s Georgian bureau informs. According to the…
Azerbaijan sees sharp decline in dollarization on consumption loans
Dollarization level on consumption loans in Azerbaijan dropped by 10-11% as a result of measures taken, Report informs citing the Financial Markets Supervisory Authority (FIMSA). FIMSA also assessed the quality…
SOCAR to increase oil production in Uzbekistan
SOCAR will increase oil production in Kashkadarya province of Uzbekistan, Report informs citing Uzbek media. The relevant contract was signed between Uzbekneftgaz and SOCAR’s Oil and Gas Research and Design…
Georgia gets more than 15.6% growth in gas import from Azerbaijan
Georgia imported 857,259.5 cubic meters of natural gas worth $146,523,600 from Azerbaijan in January-April 2019, Report’s Georgian bureau informs citing the National Statistics Office of Georgia. Compared to a year…
Azerbaijan consumes 3.6 bcm of gas in Q1
In the first quarter of 2019, marketable gas reserves in Azerbaijan stood at 8.3 billion cubic meters, Report informs citing the State Statistical Committee. Of this, 72.4% was formed from…
Gas transportation via South Caucasus Pipeline up 42%
In January-April 2019, Azerbaijan’s main gas pipelines transported 9,881,200,000 cubic meters of gas, up 21.8% from the previous year, Report informs citing the State Statistical Committee. Of this, 34.4% or…
Azerbaijan posts over 7.5-fold increase in wind power production
The production in the sector of electric power, gas and steam production, distribution and supply amounted to AZN 711,700,000 in January-April 2019, up 2.1% from 2018, Report informs citing the…