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Kazakhstan's crude oil export volumes to France revealed

Oil&Gas Materials 3 September 2020 12:48
Kazakhstan's crude oil export volumes to France revealed

BAKU, Azerbaijan, Sept.3

By Nargiz Sadikhova - Trend:

Kazakhstan exported 2.1 million tons of crude oil worth $915.8 million to France in 1H2020, a source in the oil and gas market of Kazakhstan told Trend.

The volume of the exported crude oil was 46 percent less than in 1H2019 (3.9 million tons), whereas the value of the exported crude oil also was 51.5 percent less than in 1H2019 ($1.8 billion).

During the reporting period of 2020 Kazakhstan did not export petroleum products to France.

Kazakhstan’s overall export of crude stood at 33.3 million tons worth $15.08 billion in 1H2020 which is compared to 34.6 million tons worth $16.4 billion in 1H2019.

Kazakhstan’s overall export of petroleum products stood at 364,459 tons of products worth $1.04 million in 1H2020 which is compared to 574,297 tons worth $1.6 million in 1H2019.

The value of trade turnover between Kazakhstan and France amounted to $1.3 billion over 1H2020, compared to $2.2 billion during the same period of 2019.

Kazakhstan’s export to France amounted to $1.03 billion over the period from January through June 2020, compared to $1.9 billion during the same period of 2019.

In turn, Kazakhstan’s imports from France amounted to nearly $346.8 million over the reporting period, compared to $272.1 million during the same period of 2019.

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