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Azerbaijan exports over 140M euros worth petroleum oils to Portugal

Oil&Gas Materials 20 August 2021 11:30 (UTC +04:00)
Azerbaijan exports over 140M euros worth petroleum oils to Portugal

BAKU, Azerbaijan, Aug.20

By Leman Zeynalova – Trend:

Portugal imported 405,870 tons of petroleum oils and oils obtained from bituminous minerals, crude worth 141.5 million euros from Azerbaijan from January through May 2021, Eurostat told Trend.

Portugal imported 252,429 tons worth 80.8 million euros in February and 153,441 tons worth 60.7 million euros in March 2021.

The export of petroleum oils and oils obtained from bituminous minerals, crude from Azerbaijan to 27 European Union (EU) countries exceeded 3.2 billion euros from January through May 2021.

The value of exports amounted to 500.2 million euros in January, 776 million euros in February, 606.6 million euros in March, 646.1 million euros in April and 694.8 million euros in May.

In terms of volume, Azerbaijan exported 1.6 million tons in January, 2.28 million tons in February, 1.59 million tons in March, 1.7 million tons in April and 1.78 million tons in May.

The data released by Azerbaijani Ministry of Energy shows that the country exported about 14 million tons of oil with condensate from January through June 2021, which is by 667,000 tons or 4.8 percent, less than in the same period of last year.

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