BAKU: The share of crude oil in Azerbaijan’s overall export made up 76.01% for Jan-Mar 2016 against 77.61% for 2015, 84.32% in 2014, 84.44% in 2013, 84.6% in 2012, 86.62% in 2011 and 86.53% in 2010. The share of oil in export made up 81.57% in 2009.
The State Customs Committee (SCC) informs that over Jan-Mar 2016 oil export reached 8,146,134.88 tons (in accordance with the control and measuring instruments data) that is less than the export for Jan-Mar 2015 (8,417,368.44 tons) by almost 3.2%. The crude oil export reached 2,725,291.08 tons in January, 2,550,331.7 tons in February, and 2,870,512.1 tons in March of 2016.
Cargo custom declarations registered 5,437,054.07 tons for $1.35 bn for Jan-Mar 2016 that is equivalent to year-on-year income reduction by 48.5% and physical export 15%. January’s oil export totaled 1,989,186.83 tons for $547.3 million, in February 1,746,407.79 tons for $393.15 million, and in March 1,701,459.45 tons for $412.895 million.
Average export price of Azeri oil, according to customs statistics, makes up $248.9 per ton or about $33.36 per barrel for Jan-Mar 2016 versus $403.74 per ton or about $54.2 per barrel for 2015. In January 2016 the price was $275.16 per ton ($36.88 a barrel), in February $225.1 ($30.2), and in March $242.7 ($32.53).
Over Jan-Mar 2016 it was pumped 6,899,477 tons via Baku-Tbilisi-Ceyhan (BTC) named after Heydar Aliyev, 1,106,852.8 tons via Baku-Supsa pipeline, and 79,957 tons by rail via Baku-Batumi route. In 2015 oil export reached 32,520,401.97 tons (in accordance with the control and measuring instruments data) that is less than the export for 2014 (33,040,963.4 tons) by 1.58%.
Cargo custom declarations registered 21,960,322.54 tons for $8.866 bn that means the reduction of proceeds by 51.8% year-on-year and physical export by 7%. In 2015 it was pumped 26,678,361 tons via Baku-Tbilisi-Ceyhan (BTC) named after Heydar Aliyev, 4,222,614.70 tons via Baku-Supsa pipeline, 1,186,918 tons via Baku-Novorossiysk pipeline and 432,508.27 tons by rail via Baku-Batumi route.
