Oil, gas accounted for 95% of Azeri exports last year

12:30 | 26.03.2014
Oil, gas accounted for 95% of Azeri exports last year

Oil, gas accounted for 95% of Azeri exports last year

Azerbaijan exported around $30.7 billion worth of oil and oil products in 2013, down 5.6 percent from the year before, according to the balance of payments published by the country's Central Bank. 

Oil and gas products accounted for 94.9 percent of all exports. 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 came from the sale of condensate from the Shah Deniz field and about $1.34 million from the State Oil Company of Azerbaijan (SOCAR).

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