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Tag Archives: Azerbaijan

Georgia decreases Azerbaijani gas import

Georgia imported 319,850 metric tons of natural gas in oil equivalent worth $67.4 million from Azerbaijan in January-February 2015, the Georgian National Statistics Service’s report said. Azerbaijan is the main supplier of this fuel to Georgia with a share of 66.2 percent of total import volume of the country in …

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Export of American Cars to Azerbaijan Faces Problems

Problems began after Azerbaijan introduced the standard of fuel Euro-4 that automatically stopped exporting cars made before 2005. However, despite the fact that American cars comply with Euro-4 standard, they practically do not pass through the border. It comes to the cars of American brands manufactured in Japan after 2011 …

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Azerbaijani gov to revise 2015 state budget

The Azerbaijani government is revising the 2015 budget based on a lower oil price assumption, Fitch Ratings said. “The budget approved by the country’s parliament in November 2014 targeted a state budget deficit of 2.8% of GDP, at an average oil price of USD90/b,” the report said. “A weaker exchange …

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