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Azerbaijan unveils 5M2021 data on oil, condensate exports

Oil&Gas Materials 25 June 2021 16:14 (UTC +04:00)
Azerbaijan unveils 5M2021 data on oil, condensate exports

BAKU, Azerbaijan, June 25

By Fidan Babayeva - Trend:

Azerbaijan exported 11.8 million tons of oil along with condensate from January through May 2021, which is 798,000 tons, or 6.3 percent, less compared to the same period of last year, Trend reports the Ministry of Energy of Azerbaijan.

According to the ministry, 11.1 million tons were exported by the consortium and 653,800 tons - by SOCAR.

According to the report, in the reporting period, 2.7 million tons of oil were refined in the country, which is 132,800 tons more compared to the same period of 2020.

The export of the declared oil from Azerbaijan in 2020 amounted to 29.2 million tons, having decreased by 5.9 percent compared to 2019. The total value of exported oil during the reporting year amounted to $9.36 billion, a decline of 36.8 percent over the year.

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