Bank Of Baku


News


Azerbaijan decreased gas export by 8.7% in February

Baku, Fineko/abc.az. This February Azerbaijan reduced gas export by 8.7% versus January 2012 and its share in the overall export rose from 2.72% in January up to 2.77% in February of 2012 against 2.61% in 2011.

The State Customs Committee (SCC) informs that according to control-measuring devices for Jan-Feb 2012 country’s gas export totaled 1.429 bn cu m, including 682.28 million cu m in February and 747.2 million cu m in January.

According to cargo customs entries, it was registered 456.239 million cu m of gas for $112.28 million, including 262.2 million cu m for $61.995 million in February and 194.028 million for $50.286 million in January. Average export price for 2012 still reaches $246.1 per 1,000 cu m for 2012, including $236.43 in February and $259.17 in January.

Last year country’s gas export totaled 7.09 bn cu m (921.6 million cu m in March – the best index of 2011) and it was registered 2.885 bn cu m of gas for $574.55 million. Average export price reached $267.4 per 1,000 cu m.

In 2010, record gas export totaled 1.792 bn cu m for $288.545 million. The record export volume of 307.97 million cu m for $54.765 million was registered in April.

In 2010 average export price made $60.94 per 1,000 cu m. In 2009 gas export totaled 671.7 million cu m for $125.3 million, at the average price of $186.57 per 1,000 cu m. In 2008, the country exported 369.788 million cu m of natural gas for $73.87 million at the price of $199.77 per 1,000 cu m versus $197.67 per 1,000 cu m in 2007.

The statistics takes into account only country’s own export not reporting details of gas export by international contractors from Shah Deniz field.

Azerbaijan has been net exporter of gas since 2007 and, first of all, due to Shah Deniz field.

 

 


19.03.2012 09:06


   


Related news

 ru / en



















Weather

Baku
Weather forecast for Baku Weather forecast for Baku

Gandja
Weather forecast for Gyandzha Weather forecast for Gyandzha

Sumgayit
Weather forecast for Sumgait Weather forecast for Sumgait

Guba
Weather forecast for Kuba Weather forecast for Kuba

Lenkoran
Weather forecast for Lankaran Weather forecast for Lankaran

Nakhichivan
Weather forecast for Nakhchivan Weather forecast for Nakhchivan