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Central Bank of Azerbaijan: Oil and gas exports increase by 48 percent

Oil&Gas Materials 15 September 2010 15:51 (UTC +04:00)
Azerbaijan exported oil and gas products worth $12.5 billion in the first half of 2010. The figure is 94.7 percent of the country’s total exports. Oil and gas exports jumped 48 percent compared to the same period last year. Its share in the total exports was 95.4 percent.

Azerbaijan, Baku, Sept.15 / Trend I. Khalilova /

Azerbaijan exported oil and gas products worth $12.5 billion in the first half of 2010. The figure is 94.7 percent of the country's total exports. Oil and gas exports jumped 48 percent compared to the same period last year. Its share in the total exports was 95.4 percent.

Some $746.9 million of the oil export fell to oil-refining products. Meanwhile, the country also exported crude oil worth $11.3 billion. The Azerbaijan International Operating Consortium exported crude oil worth $10.7 billion. Products worth $607.6 million were exported abroad by other enterprises.

During the reporting period, exports in the non-oil sector reached $702.7 million.

Exports during the first half of this year amounted to $13.2 billion.

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