Azerbaijan exported oil products for $1.4 bn in 2009

Azerbaijan exported oil products for $1.4 bn in 2009

For Jan-Nov 2009 Azerbaijan imported oil products for $49.8 million and exported for $1.4 bn.
For Jan-Nov 2009 Azerbaijan imported 55,948 tons of petroleum products for $49.837 million versus 78,855 tons for $96.78 million in 2008. This November import totaled 2,385 tons for $3.36 million against 2,455 tons for $2.38 million in October, 1,777 tons for $1.95 million in September, 8,476 tons for $6.58 million in August, 11.192 million tons for $6.772 million in June and 3.689 million tons for $3.397 million in May.

The State Customs Committee has informed for Jan-Nov 2009 the share of oil products in country’s overall import made only 0.91%.

For Jan-Nov 2009, as well as in 2008, Azerbaijan did not import oil gas and other gas hydrocarbons, while their import in 2007 reached 470.118 million cu m for $52.086 bn (0.91% of 2007 overall import).

For Jan-Nov 2009 export of oil products from Azerbaijan totaled 2.88 million tons for $1.36 bn (10.35% of country’s overall export with 30.54% decline versus Jan-Nov 2008). The past year’s export of oil products from Azerbaijan totaled 2.847 million tons for $2.05 bn, and for November 2009 – 179,171 tons for $97.119 bn.

For Jan-Nov 2009 it was exported 2.09 million tons of petroleum products for $879.37 million in freely convertible currency in accordance with the contracts versus 2.8 million tons of petroleum products for $2.02 bn in 2008.

For Jan-Nov of the year sales in accord with contracts in national currency totaled 767,580 tons for $471.475 million, and registration for export in accord with conventional declarations was passed by 128,546 tons versus 37.505 tons for $31.668 million for the 2008 same term.

For Jan-Nov 2009 the SOCAR Department of Marketing & Economic Operations exported 1.916 million tons (66,53%) of petroleum products, Department AZAL Oil CJSC of Azerbaijani Airlines AZAL 767,580 tons (26.64%), oil-processing plant Azneftyag 114,259 tons (3.97%), and Ilqar Firm 50,916 tons (1.77%).

In 2008, the SOCAR Department of Marketing & Economic Operations exported 2.47 million tons (86.89%) of petroleum products, QKSSS LLC 98,274 tons (3.45%), Azneftyag 92,333 tons (3.24%), Caspian Petrol-1 69,210 tons (2.43%).

For Jan-Nov 2009 foreign trade turnover of Azerbaijan totaled $18.614 bn, including import of $5.448 million and export of $13.165 bn.