(MENAFN- AzerNews)
Ulviyya Shahin Read more
Azerbaijan sharply reduced the export of oil products.
In January of this year, Azerbaijan exported 28,058.72 tons of
oil products worth 17,434.46 thousand US dollars.
The State customs Committee, the value of the oil products
exported by Azerbaijan during the reporting period decreased by 2.6
times and the volume by 2.4 times compared to the corresponding
period of 2023.
Last year, Azerbaijan exported 925,225.07 oil products worth
572,210.25 thousand US dollars.
It should be noted that during the reporting period, the value
of the oil products exported by Azerbaijan increased by 8.5% and
the volume by 20% compared to the indicator of 2022.
The change in the oil product export also raised some questions
about the reasons and perspectives behind the matter.
Speaking on the issue to Azernews, American expert Peter Tase,
while explaining the reasons, noted that the legislation approved
by the National Assembly of Azerbaijan in support of defending the
environmental resources and development of green energy are an
outstanding move that will improve the economic prosperity of
Azerbaijan and have increased environmental results towards the
European continent.
"These actions delivered by Azerbaijan are ambitious and ought
to be followed by the world's most developed nations."
According to him, Baku is seriously promoting the renewable
energy industry.
"The traditional forms of energy that have powered human
progress over the last century are evolving and Azerbaijan under
the guidance and statecraft of President Ilham Aliyev, has become a
beacon of prosperity and democracy in Eurasia. The demand for
affordable and reliable energy is only increasing and Baku is
rapidly shifting towards renewable energy," he added.
"The challenge at hand is how to continue to power human
progress in a way that is reliable and affordable but also,
critically, more sustainable and equitable; these tenets are
artfully and vigorously being perfected by the scientists and
leadership of Azerbaijan," Tase concluded.
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