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Greece increases oil & petroleum products’ imports from Azerbaijan

Oil&Gas Materials 25 August 2020 11:45 (UTC +04:00)
Greece increases oil & petroleum products’ imports from Azerbaijan

BAKU, Azerbaijan, Aug.25

By Leman Zeynalova – Trend:

Greece imported 608,351 tons of oil and petroleum products from Azerbaijan from January through May 2020, as compared to 512,000 tons for the entire year of 2019, Eurostat told Trend.

The country imported 139,000 tons in January 2020, 90,000 tons in February, 265,693 tons in April and 113,658 tons in May. The country didn’t import oil and petroleum products from Azerbaijan in March 2020.

This is while in 2019, Greece imported 83,000 tons in April, 181,000 tons in July and 89,000 tons in November and 159,000 tons in December.

Azerbaijan exported 19.5 million tons of oil from January through July 2020, which is 0.02 percent more compared to the same period of 2019, according to the statistical report of the State Customs Committee (SCC).

According to the report, the total volume of exports of petroleum products in the reporting period amounted to $6.3 billion, showing an annual decrease of 48.6 percent.

During seven months of 2020, the volume of exports of petroleum products amounted to almost 705,797 tons, which is 15.4 percent more compared to the same period of last year.

The volume of exports from Azerbaijan during the reporting period of this year totaled $9.1 billion, having shown a 33.6 percent drop year-on-year.

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Follow the author on Twitter: @Lyaman_Zeyn

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