Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Azeri 2012 Oil Exports Slide on Lower Output, Gas Shipments Drop

Jan. 22 (Bloomberg) -- Azerbaijan exported less crude oil in 2012 as the Caspian Sea nation cut production for a second year. The country also delivered less natural-gas overseas.

The largest oil producer in the former Soviet Union after Russia and Kazakhstan shipped 34.9 million metric tons, down 6.7 percent, according to data published on the website of the State Customs Committee. Exports of natural gas declined by 1.4 percent to 6.99 billion cubic meters, the data showed.

Azerbaijan produced 43 million tons of oil in 2012, a drop of 5.3 percent, the committee said Jan. 17. Output of marketable natural gas expanded 5.4 percent to 17.2 billion cubic meters.

The country exports gas to Turkey, Russia and Georgia.

To contact the reporter on this story: Zulfugar Agayev in Baku at zagayev@bloomberg.net

To contact the editor responsible for this story: Hellmuth Tromm at htromm@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.