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Azerbaijan's exports of oil & oil products up

Oil&Gas Materials 16 September 2019 18:47 (UTC +04:00)

Baku, Azerbaijan, Sept. 16

By Eldar Janashvili - Trend:

In January-August 2019, Azerbaijan exported 15.83 million tons of oil, which is 16.7 percent more compared to January-August 2018, Trend reports referring to the country's State Statistical Committee.

According to the committee, in total terms, the exports of oil and oil products amounted to $12.274 billion (an increase of 3.8 percent). The share of oil products in the country's exports is 90.78 percent.

In January-August 2019, total export from Azerbaijan in monetary terms amounted to $13.5 billion, which is 5 percent more compared to the same period last year.

The main types of energy products exported from Azerbaijan in January-August 2019:

Products

Volume

Value

(1,000 USD)

Share in total exports (%)

Crude oil, tons

21,452,779.53

10,458,785

77.36

Oil products, tons

685,579.05

335,408.6

2.48

Natural gas, 1,000 cubic meters

7,415,337.6

1,421,244.97

10.51

Electricity, 1,000 Kw/h

1,346,042.23

58,404.94

0.43

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Follow the author on Twitter: @eldarjanashvili

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