Kazakhstan doubles crude oil exports to Croatia, Lithuania in 1H2020

BAKU, Azerbaijan, Sept.21

By Nargiz Sadikhova - Trend:

Kazakhstan has exported 650,275 tons of crude oil worth $263.8 million to Croatia in 1H2020, a source in Kazakhstan’s oil and gas market told Trend.

This is 2.8 times more in volume (227,253 tons) and 2.4 times more in value ($108.8 million) than in 1H2019.

Furthermore, Kazakhstan has also exported 547,010 tons of crude oil to Lithuania during the reporting period, which was worth $255.8 million. This is two times more than in 1Q2019 (272,623 tons worth 127.4 million).

Kazakhstan’s crude oil export to Poland also amounted to 414,512 tons worth $160.1 million during 1H2020, which is 33.3 percent more in value and 12.4 percent more in volume than in 1H2019.

Kazakhstan’s overall export of crude oil 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 total volume of Kazakhstan’s trade turnover amounted to $48.7 billion over the period from Jan. through July 2020 which indicates a decrease from $54.5 billion during the same period of 2019.

Kazakhstan’s export amounted to $28.6 billion during the reporting period of 2020 ($33.03 billion in the same period of 2019), whereas imports amounted to $20.1 billion ($21.5 billion in 2019).

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