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Kazakhstan's petroleum gas exports to Hungary surge amid COVID-19

Oil&Gas Materials 14 September 2020 12:49 (UTC +04:00)
Kazakhstan's petroleum gas exports to Hungary surge amid COVID-19

BAKU, Azerbaijan, Sept. 14

By Nargiz Sadikhova - Trend:

Kazakhstan has exported 3,140 tons of petroleum gas and other gaseous hydrocarbons worth to Hungary countries to 1.07 million euros in June 2020, Eurostat representative told Trend.

In turn, overall 1H2020 petroleum gas and other gaseous hydrocarbons export from Kazakhstan to Hungary amounted to 17,957 tons worth 6.8 million euros.

Thus, compared to May 2020 the export volume increased by 15.6 percent (2,716 tons), whereas compared to Jan. 2020 the volume increased by 68.4 percent (1,864 tons).

The value of petroleum gas and other gaseous hydrocarbons export from Kazakhstan to Hungary was 52.4 percent more than in May 2020 (705,701 euros), and 12.9 percent more than in Jan. 2020 (952,798 euros).

The value of trade turnover between Kazakhstan and Hungary amounted to $64.7 million over 1H2020, compared to $48.2 million during the same period of 2019.

Kazakhstan’s export to Hungary amounted to $6.7 million over the period from January through June 2020, compared to $5.9 million during the same period of 2019.

In turn, Kazakhstan’s imports from Hungary stood at about $59.6 million over the reporting period, compared to $42.3 million during the same period of 2019.

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