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BAKU.11.08.2003.MEDIA-PRESS: For seven months of 2003 the oil processing plant "Azerneftyag" exported 495.764 thou tons of the oil products by a total of $97.66 MM.
As Media-Press has been informed in the State Oil Company of Azerbaijan, a diesel fuel made the major part of the export. 384.396 thou tons of it were delivered to abroad. The export of mazut for the same period made 90.368 thou tons, benzene - 11.1394 thou tons, aicraft fuel - 111.3 tons, bitumen - 6.792 thou tons and export of different oil marks made more 2.95 thou tons.
On July "Azerneftyag" has exported 54.467 thou tons of oil products by a total of $10.235 MM.
BAKU.11.08.2003.MEDIA-PRESS: For January - July 2003 Azerbaijan purchased 2.348 bn cubic meters of gas from the Russian Company "Itera". This index made 2.32 bn cubic meters for the analogous period of the past year.
As Media-Press has been informed in the State Oil Company of Azerbaijan, daily gas deliveried make 11.5 MM cubic meters at the present time. An the SOCAR takes measures for that up to the end of the year gas purchasing volumes would correspond to the signed contract.
In the past year Azerbaijan purchased 4 bn cubic meters of the "blue fuel" from "Itera". In this year, in accordance with agreement between the JC "Azerigaz" and "Itera" the import will be increased by $1.5 bn cubic meters else. The gas supplies to Azerbaijan are carried out by a price of $52 per 1000 cubic meters. The gas is transported by means of the system of the gas pipeline Shirvanovka - Gazi-Magomed.
For satisfaction of demands 10 bn cubic meters of gas per a year would be required. By forecasts, the gas production in Azerbaijan in this year will make 5.04 bn cubic meters, 890 MM of which will be produced by the Azerbaijan International Operating Company (AIOC) and 4.15 bn cubic meters by the SOCAR.
The country will receive supplementary volumes of gas after that the gas drying installation will be constructed within frameworks of the project on enlargement of the Sangachal terminal. Now all oil delivered to the terminal is separated from water and gas. Then the gas is burned. However, construction of the new installation for gas drying will allow to save gas and transport it to the State Oil Company of Azerbaijan, which in its turn will deliver it to the consumers. The gas will be burned in flames only in cases of emergencies. The SOCAR plans also to construct a special gas reception installation and pipeline up to the Sangachal gas distribution point for the realization of this idea. Further this will allow to reduce a gas import.
BAKU.11.08.2003.MEDIA-PRESS: Turkmenistan suggests to the foreign investors 32 oil and gas fields for their development with applying modern production technologies. This step seems natural as the whole half of oil resources and a quarter of gas are in the Caspian Sea. By preliminary estimations of the geologists there are 11 bn tons of oil and 5.5 trln cubic meters of the natural gas in the Turkmen sector of the Caspian Sea. These estimations do not account supplies of the unit 1 and field Cheleken.
In the next future for creation of the supplementary oil export route from Turkmenistan Ashgabad plans to take part in the construction of the oil pipeline Kazakhstan - Turkmenistan - Iran. In the next time the oil export from Turkmenistan is carried out through the Caspian terminals Aladza and Ekerem. Further oil is transported either to the South, to port Neka trough Iran or to the North-West by the route Baku - Makhachkala - Novorossiysk and more often by the railway to the port Ventspils of Latvia.
BAKU.11.08.2003.MEDIA-PRESS: The company "Ukratransneft" plans to start deliveries of the Caspian oil to Poland by the pipeline "Odessa-Brody" and railway. The President of the OJC "Ukrtransneft" Mr. Alexander Togdiychuk has declared about this.
In accordance with the optimistic forecast, up to the end of the year "Ukratransneft" will be able to deliver 500 thou tons of the Caspian oil to oil processing plants in the south of Poland. It is planned to increase the volume of deliveries in 2004 up to 1 MM tons.
Now the Company prepares for a signing contracts with companies producing the Caspian oil for filling the oil pipeline "Odessa-Brody" by the technological oil, - obozrevatel.com reports.
By the words of the President "Ukrtransneft", the order of the Ukrainian Government on returning the doubts to the company from the budget and "Naftogaz of Ukraine", which should be spent for purchase necessary volume of technological oil has not execute while. So the company considers three versions of the pipeline filling - the goods credit, attraction of the monetary credit or operation with the oil of companie-suppliers.
By data of "Ukratransneft" technically the oil pipeline is ready long since already for the operation however, just the process of filling 670 km of the pipeline Odessa-Brody demands means and time. Particularly, the pipeline is filled by the Russian technological oil from the Caspian Sea. In total, 600 thou tons of oil are required for this.
As the Minister of Fuel and Energy of Ukraine Mr. Sergey Yermilov Kazakhstan constantly increase oil production volumes and in the next future the oil production in Kazakhstan may probably reach 150 MM tons per a year. By his words, Ukraine should make everythihg for that this oil should pass through its territory to the sale markets.
BAKU.11.08.2003.MEDIA-PRESS: On June and July 2003 Iran threw 4MM barrels of oil per a day. In accordance with the information of the newspaper East Economic Survey, Iran produced 4MM bbl of oil per a day during June and July 2003, Reuters informs. At the same time the official quota of the oil production for Iran fixed by the OPEC makes 3.7 MM barrels per a day.
The large volumes of production for these months (4.12MM and 3.98 MM bbl of oil on June and July correspondingly) were provided in account of oil deliveries from the oil storages filled during the war in Iraq, the newspaper confirms.
We shall remind that by the forecast of the American Center of the Energetic Reasearches, incomes of Iran from the oil export will grow by 23% in the current year;
And in accordance with information of the IA "Fars", in the last year Iran received 18.7 bn dollars from the oil export. Thus, its income in the current year will make $23.1 bn taking into account the forecasted growth by 23%/
FOR THE LAST THREE MONTHS IRAN EXPORTED OIL AND OIL PRODUCTS FOR 1.5 BN EURO
BAKU.11.08.2003.MEDIA-PRESS: In spite of the economic recession of the economic activity in the world, the export of the Iranian goods to the countries of the EU for the last three months of 2003 has grown by 50%.
BAKU.11.08.2003.MEDIA-PRESS: The company Statoil has declared about discovery of the new oil field on the Norwegian continental shelf.
BAKU.11.08.2003.MEDIA-PRESS: The world prices for oil will remain high up to the next year at least. This is the opinion of the Western analysts, which was published by the OPEC Office.
As the experts consider, a price for one barrel of the American oil of Mark "The West Texas intermediate" will keep up to the end of the year at a level $25 - 30 per a barrel. The price of the OPEC basket and the Russian oil compound of marks "Urals" and "Rebco" will be lower by 1 - 2 than the American one.
By the opinion of the expert from the investment company "Investeck Securities", "at the present time the world energetic market have been balanced and for the present the Iraqi oil volumes delivered to the markets are insignificant enough for "making a weather" at these markets.
By the opinion of the analysts, incapability of the US military administration to create conditions for rapid restoration of the oil industry of Iraq contributes to growth in prices for oil. One more factor, which destabilize prices: amplifying social intensity in the oil production sector of Venezuela and Nigeria.
Two other long term factors affect on the growth in prices: expectation of the inflation growth in the USA and the signal from OPEC about a decision on reduction of production volumes, which probably would be accepted at the next session.
As the Vice-President of bank "Credi Swii Asset Management" Mrl Bob Paker, the opinion of which was published in the OPEC report, believes the world economy only in insignificant degree depends on prices for oil within frameworks of the price corridor $20 - 30 per a barrel, however if the prices for oil "will jump out" from this corridor and approach to $33 - 35 per a barrel it would be necessary to be alarmed, as such scenario will seriously break the economic balance.
BAKU.11.08.2003.MEDIA-PRESS: In the beginning of September the first party of the equipment for the sugar plant, which is constructed in the Imishly Region will be delivered in Azerbaijan.
As Media-Press has been informed in Azersun Holding, the equipment for the plant will be delivered by parties up to February 2004.
The investments in this construction will make $50 - 60MM. In the first stage it is planned to put into operation two production lines with a capacity of 200 thou tons of sugar per a year. And with the next putting into operation of else two lines it will increase in two times. The construction works will be carried out within from one and a half a year up to two years.
It is planned to purchase sugar beet from the local farmers. Credits for growing this technical culture were allocated to the farmers of the Sheky, Imishly Regions as well as the Nakhchivan Autonomous Republic; they are supplied also by the technologies and beet seeds. Contracts on purchasing their production will be concluded. Furthermore, purchasing beets in Iran and Turkey is planned.
By information of the Minister of the Agriculture, demands of Azerbaijan in sugar make 200 thou tons per a year. For production of this amount of sugar 1.5 MM tons of the sugar beet are required. In the past year only 115 thou tons of the sugar beet was grown. However, Azerbaijan should not be able to produce 1.5 - 2 MM tons for a lack of planted areas. So for supplying the enterprise by the sugar beets a partial its import will be required.
BAKU.11.08.2003.MEDIA-PRESS: The sending of the Azerbaijan troops to Iraq is expected in the period August 10 - 15. This was told to the RIA "Novosty" by the Press-Service of the Ministry of Defense; however with this it was noted that precious terms of sending are not determined else and probably will change.
BAKU.11.08.2003.MEDIA-PRESS: The President of the USA Mr. J. Bosh has informed the Congress of the country about that Turkmenistan does not keep the international norms in the field of emigration freedom. Mr. J. Bosh has informed in his letter to the name of the Speaker of the Chamber of the Representatives of the Congress that Russia, Armenia, Azerbaijan, Kazakhstan, Moldova, Tajikistan, Ukraine and Uzbekistan continue to keep this international laws, and that is why his January request to stop the applyinbg of the Amendment of Jackson-Wench in respect to them are into the force as before. With this "Turkmenistan is an exception", - the President has resumed.
This Amendmet to the Law on Trade dated from 1974 provides a dependence of the development of the normal trade and economical relations between the USA and the Republics of the former USSR from their emigration policy.
BAKU.11.08.2003.MEDIA-PRESS: In the beginning of August the mayor of Moscow Mr. Yuri Luzkov has signed the famous order "About Measures on Removal of Lacks in the Registration of Citizens on Residence Place", in which particularly employees of the housing organizations and so called "porch chiefs" are obliged to inform law-enforcement organs "about persons temporarily living in the house". This point, as Izvestia.Ru writes, just caused maximum passions intensity: really denunciation has become established within frameworks of the law, although for good purposes.
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