Azerbaijan, having reduced physical oil export by 5% and revenue by 9%, in 2014 exported on average at $104.5/barrel

The stake of crude oil in the total export of Azerbaijan in 2014 made up 84.32% against 84.44% in 2013, 84.6% in 2012, 86.62% in 2011 and 86.53% in 2010, in 2009 – 81.57%.

The State Customs Committee of Azerbaijan reports that in 2014 the oil export (according to the measuring devices) made up 33,040,963.4, by 3.5% less than in 2013. Only 23.611.888.95 were officially registered by the customs declarations for $18,404,936.62 thousand, that means the reduction of revenue by 9.08% against 2013, and physical export – by 5%. In December the export made up 1,392,882.39 tons for $826,085.51 thousand.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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