Azerbaijan exported 7 million 391 thousand 680 tons of crude oil (15% above figures of the same period of 2002)
Published:
23 November 2003 y., Sunday
Azerbaijan exported 7 million 391 thousand 680 tons of crude oil (15% above figures of the same period of 2002), sources in SOCAR told Turan news agency.
Of this total 5 million 238 thousand tons of oil (Azeri Lights) falls at the Azerbaijan International Operating Company (AIOC, producing from offshore field Chirag). This is 25.7% above figures of the same period of last year. Azeri Lights oil is exported only through Baku-Supsa oil pipeline. Azeri Lights world prices are USD 0.15-20 per barrel higher than of North Sea oil Brent.
SOCAR and subsidiaries (joint ventures and operating companies operating onshore Azerbaijan) exported 2 million 153 thousand 680 tons of oil during the reported period (4.6% lower than figures of the same period of last year). It should be noted that Azerbaijani oil exported through the Northern route pipeline was mixed in Tikhoretsk, Russia with Siberian oil and therefore sold at the world markets under the brand of Urals (USD 0.20-0.30 cheaper than Brent).
SOCAR plans to export 2.5 million tons of oil, AIOC - up to 6.5 million in 2003.
Šaltinis:
bakutoday.net
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
The President of the Spanish Government, José Luis Rodríguez Zapatero, will meet this Monday with the German Chancellor, Angela Merkel, to analyse the future EU economic and employment strategy EU2020 before the Twenty-seven approve its basic lines at the Spring European Council.
more »
The planned overhaul of the EU common fisheries policy should take better account of the huge differences across European fleets and fisheries, give greater responsibility to fishing regions, address the problem of fleet overcapacity and improve the traditional quota system, according to a non-binding report adopted by Parliament on Thursday.
more »
The EMU framework and economic governance within the eurozone need to be revamped.
more »
Young people should be a priority in EU action next year, it emerged on Tuesday, as the Budgets Committee started work on the EU's 2011 budget.
more »
European Investment Bank (EIB) support for EU regional policy is crucial for tackling the economic crisis, EIB President Philippe Maystadt told the Regional Development Committee on Monday.
more »
Three thousand former car, refrigerator and construction workers in Germany and Lithuania could get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and professional orientation under plans approved by the Budgets Committee on Tuesday.
more »
Today, 22 February, the EU Council of Agriculture and Fishing in Brussels, under the chairmanship of the Spanish Minister, Elena Espinosa, will analyse the impact of the economic crisis on the Greek agricultural sector, which has experienced a drop in prices and income, with small farms that pose an obstacle for the producer for negotiating with large distribution chains.
more »
Municipal policies to tackle the crisis and their application at EU level will be discussed during the three days of the summit entitled, “Networked Local Governments for a New Europe”, which will bring together representatives from 260 cities in Barcelona.
more »
The EBRD is promoting energy efficiency and renewable energy projects in Moldova, helping the economy to reduce its energy intensity with a new €20 million credit line for on-lending to local private companies.
more »
The EBRD is lending $1.2 million to Salkyn, one of the largest ice cream producers in Turkmenistan, to help the company expand its distribution network and build up its brand.
more »