Dynamics of changes in some economic segments (18.01- 23.21.2010)

Jan.25, the price of AZERI LT CIF Augusta was $75.22 per barrel, or $0.32per barrel down, compared to the previous day's price, according to the State Oil Company of Azerbaijan (SOCAR), which has produced Light Oil since 1997.

Azeri Light oil is produced from the Azeri-Chirag-Gunashli offshore fields, which is developed under BP's operations. It is directly delivered to the Turkish port of Ceyhan via the Baku-Tbilisi-Ceyhan main export oil pipeline, to the Georgian port of Supsa via the Baku-Supsa pipeline and to the Georgian port of Batumi by railway.

AZERI LT FOB Ceyhan oil price was $74.29 per barrel, or $0.32 per barrel less than the previous day's price.

Azerbaijan exports URALS oil from the Novorossiysk port, which is delivered via the Baku-Novorossiysk pipeline. The high quality Azerbaijani oil, including Azeri Light, is blended with other oil brands in the Russian pipeline system and is sold from the Novorossiysk Port as URAL.

The price of URAL (EX-NOVO) was $69.99 per barrel, or $0.63 per barrel less than the previous price.

A similar situation was observed with Brent Dated, produced from the North Sea. Jan.25, the price of Brent Dated was $72.63 per barrel, $0.28 per barrel down compared to the previous price.

CURRENCY MARKET

Last week the official rate of the manat against the US dollar, set by the Central Bank of Azerbaijan, dropped 0.0003 points or 0.03 percent. The average rate was established at 0.80312 manat to 1 U.S. dollar

Last week the maximum rate of the US dollar compared to manat was established on Jan.21-22 (0. 8033 manat to 1 U.S. dollar) and minimum on Jan.18-20 (0.8030 manats to 1 U.S. dollar).

As a result of last week's exchange rate of the Azerbaijani manat to the U.S. dollar, established based on results from the Baku Inter-bank Currency Exchange (BICEX), consolidated by 0.0013 points (0.13 percent). The average rate was fixed at 0.80304 to 1 U.S. dollar.

Deals concluded last week at BEST with transition to currency (T+0) comprised: Jan.18 deals were not concluded and therefore the rate remained on the previous level - 0.8032 manat to 1 U.S. dollar, Jan.19, $11.471 million with the average sustained rate of 0.8034 manats to 1 U.S. dollar, Jan.20 deals were not concluded and therefore the rate remained on the previous level - 0.8034 manat to 1 U.S. dollar, Jan.21, $5.32 million with the average sustained rate of 0.8033 manat to 1 U.S. dollar, and Jan 22, $17.708 million with the average sustained rate of 0.8019 manat to 1 U.S. dollar.

No deal was concluded with USD/AZN T+1, T+2 and SWAP_USD/AZN due to an absence of appeals by dealers. Appeals were not received on RUB/AZN and EUR/AZN (Ň+1, Ň+2).

Privatization Shares Market

Last week the price of the privatization vouchers stood at the same level, purchase was 8 manat, and sale - 9 manat.

Under the President Ilham Aliyev's decree on additional measures for ensuring the use of the state privatization vouchers, the validity period of the vouchers was prolonged until Jan. 1, 2011

Kazakhstan sees decrease in mutual trade with Kyrgyzstan over 11M2020
Kazakhstan sees decrease in mutual trade with Kyrgyzstan over 11M2020
New flight from Bishkek to Kuwait to be open in February
New flight from Bishkek to Kuwait to be open in February
Kazakhstan sees decrease in exports to EAEU countries
Kazakhstan sees decrease in exports to EAEU countries
Loading Bars
Latest
Azerbaijani ministry discusses damage to Kalbajar's flora caused by Armenia (PHOTO/VIDEO)
Azerbaijan talks COVID-19 vaccination document for traveling abroad
Istanbul International Airport declared to be busiest airport in 2020
Solo-show of Azerbaijani artist highlighted in foreign media (PHOTO)
New solar panel station launched in Iran's Yazd Province
IEA forecasts Azerbaijan’s 2021 oil output
HSBC to axe 82 branches in UK, cut services in others
Iran progresses with gas production, distribution
French media reported second Karabakh War only from Armenia's viewpoint - famous photojournalist (PHOTO)
Iran's budget plan aims to solve problems of low-income households
Kazakhstan's 2020 coal extraction volume exceeds plan
Netherlands slightly increase petroleum oil exports volume from Kazakhstan
Uzbekistan’s coal production significantly increases in 2020
Gold price down in Azerbaijan
Armenia's revanchist statements against Azerbaijan threaten primarily its people - Ukrainian expert
Azerbaijan discloses timeframe for commissioning Victory Road to Shusha city (PHOTO)
Georgia reveals revenues from tourism in 2020
Uzbekistan considers measures for expanding industrial products export
Georgian Adjara boosts tangerine exports as subsidy program continues
IEA talks Kazakhstan's OPEC+ deal compliance says oil production remains unchanged
Azerbaijan confirms 949 more COVID-19 recoveries
Azerbaijan's contribution allows reducing greenhouse gas emissions - minister
Azerbaijan ranks with top CIS countries having least public, foreign debts in 2020
Share of Chinese goods in Azerbaijan's total imports grows markedly
Azerbaijan bans import of plastic bags, disposable tableware
Iran reveals COVID-19 data for January 19
Uzbekistan's MFA talks co-op plans with Turkmenistan for 2021
Trade remains main target of Georgian commercial banks for financing
Kazakhstan expands list of activities for several special economic zones
Azerbaijani transport agency's chief sums up activities in 2020
Director of Azerbaijani IT company talks partnership with Slack company
Baku Higher Oil School to host webinar on ‘Natural Resources of Karabakh’
IEA assesses Azerbaijan’s compliance with OPEC+ deal
Azerbaijan ready for co-operation with Iranian companies
Azerbaijan expanding railway co-op with Iran
New copper and gold field discovered in Azerbaijan
Almost 90% see market bubbles in Deutsche Bank investor survey
Uzbek MFA names latest data of trade turnover with Turkmenistan
Boeing 737 MAX to get EU flight clearance next week
President Aliyev receives Secretary-General of Cooperation Council of Turkic-Speaking States in video format (PHOTO)
How much Azerbaijan's population spend on automobile fuel in 2020?
Kazakhstan reports annual increase in production of gold, zinc ore
Uzbek-Korean JV extends tender for purchase of hydraulic ejector
Azerbaijani president expresses condolences to Indonesian counterpart
Turkmen company starts export of environmentally friendly building materials
Kazakhstan’s freight transportation operator opens tender to buy fuel
Azerbaijan's Economy Ministry unveils volume of sold products in industrial parks
Iran's trade turnover with India shrinks
Charter, structure of Azerbaijan's Karabakh Revival Fund approved - decree
Azerbaijani company talks restoration of water supply sources to Shusha (Exclusive)
Chaos as snow hits Japanese highway, 134 cars in crashes
UK health secretary Hancock says self-isolating until Sunday
Uzbekistan’s Central Bank reveals balance payments deficit for 2020
SOCAR unveils Azerbaijan's 2020 crude oil production
SOCAR talks last year's crude oil exports abroad
Azerbaijan names future activity directions of Karabakh Revival Fund
Iran declares foreign investments made in Arvand Free Trade Zone
Azerbaijani Central Bank unveils amount of foreign currency sold to local banks
Uzbekistan plans to increase popularity of contactless payments
Value added in Azerbaijan's non-oil sector declines
Azerbaijani currency rates for Jan. 19
Uzbekistan, India talk resuming of flights
Azerbaijan shows footage from Shekerjik village of Fuzuli district (PHOTO/VIDEO)
Turkey ratifies free trade agreement with Azerbaijan
Iran, Azerbaijan sign MoU to develop economic co-op
Bitcoin overtakes "long tech" as most crowded trade
JP Morgan expects Azerbaijan to increase crude output in 2022
British hospitals use blockchain to track COVID-19 vaccines
Laying of pipeline from Iran's Jask oil terminal launched
Construction department of Turkmenistan's Mary region opens tender
Iran's Bandar Imam Petrochemical Company implementing its production plan
JP Morgan’s estimates on Azerbaijan’s 2021 crude oil output
Kazakhstan's only lowcoster resumes flights operation on several routes
Georgia reports 1,550 new coronavirus cases for Jan.19
Azerbaijan ups gas production in 2020
Azerbaijan and Iran signed cooperation memorandum on railway sector
Kazakhstan boosts trade with Lithuania despite COVID-19
China's Geely to work on smart car technologies with Tencent
Uzbekneftegaz carries out repair work of gas pumping units at compressor station
Uzbekistan announces tender for greenhouses construction
Nizami Ganjavi int'l center developed as recognizable global platform, contributing to promotion of Nizami Ganjavi's name - Member of the Presidency of Bosnia and Herzegovina
Iran, Turkey sign documents to increase potential of railway transport
Enguri HPP rehabilitation project remains vital for Georgian energy security - Economy Minister
Kazakhstan sees annual decrease in cargo transportation volume amid COVID-19
Municipal administration of Turkmenistan's Balkan region extends tender for reagents purchase
Turkey can normalize relations with Armenia depending on stable ceasefire in Karabakh - FM
World Bank confirms its readiness to support Georgia in its European integration
BHOS Presidential Scholar: ‘For me, Kelbajar is Azerbaijan, the Motherland revived in memories’
Instrumentation equipment installed at gas treatment unit at Uzbekistan’s Shurtan field
Turkmenistan, UK consider opportunities for co-op in agricultural sector
Singaporean company embarks first stage of modernization of superphosphate plant in Uzbekistan
Iran plans to hold exhibition of construction materials in Azerbaijan
Turkmenistan in top ten countries with cheapest gasoline - Globalpetrolprices
New road bridge to be built between Azerbaijan and Iran in Astara
Azerbaijani oil prices grow
Iran's interests to be met by Azerbaijan-Nakhchivan railway
Iran, Azerbaijan to sign preferential trade agreement within the next month
Azerbaijani company reveals expected volume of colored glass production at future plant
Brent crude edges up as optimism over economy outweighs fuel demand concerns
Uzbekistan eyes increasing competition in automotive industry
All news