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Azerbaijan discloses amount of exported oil products

Oil&Gas Materials 14 September 2020 19:27 (UTC +04:00)
Azerbaijan discloses amount of exported oil products

BAKU, Azerbaijan, Sept. 14

By Fidan Babayeva – Trend:

Azerbaijan exported 20.7 million tons of oil from January through August 2020, which is 3.2 percent less than in 2019, Trend reports referring to the statistics report of the Azerbaijani State Customs Committee.

Following the report, in total terms, the oil export volume from January through August 2020 amounted to $6.8 billion (a decrease of 34.7 percent compared to the same period of 2019).

The export volume of oil products amounted to almost 763,200 tons, which is 11.3 percent more than in the same period of last year.

In total, for the reporting period, the total volume of export from Azerbaijan in monetary terms amounted to $9.9 billion, which is 26.6 percent less than in the same period of 2019.

The main types of energy products exported from Azerbaijan from January through August 2020:

Products

Volume

Cost

Share in export volume,

in %

Crude oil, tons

20.7 million

$6.8 billion

68.76

Oil products (2710 by commodity code), tons

763,282

$211.3 million

2.14

Electric power, 1,000 kW / hour

938,498

$42.6 million

0.43

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