Oil and gas production accounts for over 94 percent of Azerbaijan's export
Azerbaijan, Baku, 12 June / Trend A.Akhundov /
In January-March 2013, Azerbaijan exported $7.4 billion worth of petroleum products, according to the balance of payments released by the country's Central Bank on Wednesday.
The share of oil and gas products in the structure of exports stands at 94.5 percent.
Of the total volume of exported petroleum products, the share of refined petroleum products totaled $0.4 billion, while the country exported oil to the sum of $7 billion.
The Azerbaijan International Operating Company (AIOC) produced oil products worth $6.6 billion of the total volume of exported oil. Other companies exported $0.4 billion worth of oil, of which $ 42.7 million fell to the share of the condensate from the Shah Deniz field, and $332.5 million - to the share of SOCAR (State Oil Company of Azerbaijan).
Total value of exports attributable to the non-oil sector amounted to $452.1 million, increasing by 28.6 percent over a year.
In general, Azerbaijan's exports during the reporting period amounted to $8.3 billion.