A total of $17, 914,5 has been invested by the foreign oil companies under the Production Sharing Agreements (PSAs) implemented in Azerbaijan, the SOCAR told Trend.
Last year Azerbaijans incomes from the projects implemented under PSA and pipeline projects comprised $1,917,5m. In this period Azerbaijan has obtained 7.68 million tons of profit oil, including 7.66 million tons from the Azeri-Chirag-Gunashli fields.
From 1997 13.1 million tons of oil was exported via the northern export pipeline Nalu-Novorossiysk pipeline. In 2005 1,631,185 million tons of oil was exported from Novorossiysk to Italy, Greece, Romania, Bulgaria, China, Croatia, France and Spain.
At present the SOCAR is exporting gasoline Рђ-80 and Рђ-92, reactive engine fuel TS-1, diesel fuel L-62, liquefied gas, oil coke KZ-0-250, stove fuel M-100.