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Kazakhstan boosts petroleum gases exports to Hungary month-on-month

Oil&Gas Materials 16 February 2021 17:00 (UTC +04:00)
Kazakhstan boosts petroleum gases exports to Hungary month-on-month

BAKU, Azerbaijan, Feb.16

By Nargiz Sadikhova - Trend:

Kazakhstan has exported 3,412 tons of crude petroleum gas and gas obtained from bituminous minerals worth 1.4 million euros to Hungary in November 2020, a Eurostat official told Trend.

In turn, Kazakhstan exported 27,617 tons of petroleum gas and gas obtained from bituminous minerals worth 10.6 million euros to Hungary from Jan. through Nov. 2020.

Thus, the November volume of petroleum gas and gas obtained from bituminous minerals from Kazakhstan to Hungary is 2.1 times more than in volume compared to October 2020 (1,475 tons) and is 83.05 percent more than in Jan. 2020 (1,846 tons).

November export value is also 2.3 times more than in October 2020 (600,052 euros) and is 49.1 percent more than in Jan. 2020 (952,798 euros).

The value of trade turnover between Kazakhstan and Hungary amounted to $102.9 million over the first 11 months of 2020, compared to $89.5 million during the same period of 2019.

Kazakhstan’s export to Hungary amounted to $9.01 million over the period from January through Nov. 2020, compared to $9.8 million during the same period of 2019.

In turn, Kazakhstan’s imports from Hungary amounted to nearly $93.9 million over the reporting period, compared to $79.6 million during the same period of 2019.

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