Oil, gas account for 95% of Azerbaijan’s export in 2013

March 25, 2014

Azerbaijan exported around $30.7 billion worth of oil and oil products in 2013 or 5.6 percent less compared to 2012, according to the balance of payments published by the country's Central Bank, Trend reported on March 25.

Oil and gas products accounted for 94.9 percent of exported goods. Around $1.6 billion of the total volume of exported oil products was oil processing products. The country exported about $26.9 billion worth of oil.

Azerbaijan International Operating Company (AIOC) produced around $25.3 billion worth of the total volume of the exported oil. Some $303 million fell to the condensate from the Shah Deniz field and about $1.34 million came from the State Oil Company of Azerbaijan (SOCAR).

Copyright: Trend, 2014