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Azerbaijani non-oil sector products export increases

Business Materials 2 April 2011 13:10 (UTC +04:00)
Azerbaijan exported oil products worth $23.8 billion abroad in 2010, according to the Central Bank of Azerbaijan (CBA) payment balance. The share of oil and gas products in the structure of exported products hit 94.9 percent.

Azerbaijan, Baku, April 2 / Trend, N.Ismayilova /

Azerbaijan exported oil products worth $23.8 billion abroad in 2010, according to the Central Bank of Azerbaijan (CBA) payment balance. The share of oil and gas products in the structure of exported products hit 94.9 percent.

Some $1.571 billion of the total volume of exported oil products accounted for oil refinery products, while the country exported oil worth $22.3 billion. The Azerbaijan International Operating Company (AIOC) produced oil in the amount of $21 billion of the total volume of the exported products. Other enterprises exported oil worth $1.3 billion, $126.3 million of which accounted for condensate from the Shah Deniz field, while $1.162 billion accounted for the State Oil Company of Azerbaijan (SOCAR).

Total cost of exports accounting for non-oil sector hit $1.4 billion increasing by 20 percent.

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