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Azerbaijan publishes 1Q2021 data on gas exports to Italy

Oil&Gas Materials 23 April 2021 16:41 (UTC +04:00)
Azerbaijan publishes 1Q2021 data on gas exports to Italy

BAKU, Azerbaijan, Apr.23

By Fidan Babayeva - Trend:

The export of natural gas from Azerbaijan to Italy amounted to 435 million cubic meters from January through March 2021, Trend reports citing the report of the State Customs Committee of Azerbaijan (SCC).

According to the SCC, the value of export of Azerbaijani gas to Italy for the specified period amounted to $89.9 million.

In the first quarter of 2021, Azerbaijan exported more than 6.16 billion cubic meters of natural gas, which is 3.4 times more compared to the same period of 2020. During the reporting period, the volume of exported natural gas totaled over $867 million,” the SCC report said.

The import of Italian products to Azerbaijan in 2020 increased by 7.3 percent compared to 2019. At the same time, the export of Azerbaijani products to Italy amounted to $4.17 billion, decreasing by 25 percent on annual basis.

Last year, the trade turnover between Azerbaijan and Italy amounted to $4.56 billion, which is 24 percent less compared to the preceding year.

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