Azerbaijan Increased Gas Export by 7.1% for Jan-Nov 2012
OREANDA-NEWS. December 26, 2012. This November Azerbaijan increased gas export (customs processing) by 93.3% versus October 2012 and for 11 months its year-on-year by 7.1%. In November its share in the overall export reached 2.54% against 2.61% in 2011.
The State Customs Committee (SCC) informs that according to control-measuring devices for Jan-Nov 2012 country’s gas export totaled 6.1 bn cu m, including 604.695 million cu m in November, 646.66 million cu m in October, and 747.2 million cu m in January (this year’s best index).
According to cargo customs entries, it was registered 2.39 bn cu m of gas for USD 561.5 million, including 366.515 million cu m for USD 88.66 million in November (this year’s best figure) versus 189.6 million cu m for USD 48.879 million in October.
Average export price for 2012 still reaches USD 234.55 per 1,000 cu m for 2012, including USD 241.91 in November, USD 257.78 in October, USD 295.69 in September (this year’s highest level).
Last year country’s gas export totaled 7.09 bn cu m (921.6 million cu m in March – the best index of 2011) and it was registered 2.885 bn cu m of gas for USD 574.55 million. Average export price reached USD 267.4 per 1,000 cu m.
In 2010, record gas export totaled 1.792 bn cu m for USD 288.545 million. The record export volume of 307.97 million cu m for USD 54.765 million was registered in April.
In 2010 average export price made USD 60.94 per 1,000 cu m. In 2009 gas export totaled 671.7 million cu m for USD 125.3 million, at the average price of USD 186.57 per 1,000 cu m. In 2008, the country exported 369.788 million cu m of natural gas for USD 73.87 million at the price of USD 199.77 per 1,000 cu m versus USD 197.67 per 1,000 cu m in 2007.
The statistics takes into account only country’s own export not reporting details of gas export by international contractors from Shah Deniz field.
Azerbaijan has been net exporter of gas since 2007 and, first of all, due to Shah Deniz field.
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