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Azerbaijan's oil, petroleum products export volume revealed

Oil&Gas Materials 18 March 2020 11:23 (UTC +04:00)

BAKU, Azerbaijan, Mar.18

By Nargiz Ismayilova – Trend:

The volume of oil export in Azerbaijan amounted to 5.7 million tons in January-February 2020, which is 1.7 percent less compared to the same period of 2019, Trend reports referring to the report of country’s State Customs Committee (SCC).

According to the report, the total value of export of energy products dropped by 46.6 percent during the reporting period and amounted to $3.7 billion.

The total value Azerbaijan’s export amounted to $3.2 billion during first two months of 2020, which is 3.1 percent more compared to the same period of 2019.

Main types of energy products exported from Azerbaijan for January-February 2020 (without gas):

Products

Volume

Cost

(in USD)

Share in export volume

(in percent)

Crude oil (in tons)

5,679,384.28

2,727,328,790

83.93

Petroleum products, according to the 2710 commodity code (in tons)

146,862.56

65,417,920

2.01

Electricity (thousands, kilowatt/hour)

374,631.85

17,847,540

0.55

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Follow the author on Twitter: @IsmailovaNarg

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