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Azerbaijan publishes latest data on gas export to Italy

Oil&Gas Materials 26 August 2021 17:58 (UTC +04:00)
Azerbaijan publishes latest data on gas export to Italy

BAKU, Azerbaijan, Aug. 26

By Sadraddin Aghjayev - Trend:

Azerbaijan exported over 2.56 billion cubic meters of natural gas to Italy from January through July 2021, Trend reports with reference to the report of the State Customs Committee (SCC) of Azerbaijan.

According to the State Customs Committee, in value terms, the export of Azerbaijani gas to Italy in the specified period amounted to $658.3 million.

“In the first 7 months of 2021, Azerbaijan as a whole exported more than 12 billion cubic meters of natural gas, which is 56.36 percent more compared to the same period of 2021. In value terms, gas exports exceeded $2.01 billion,” the SCC report said.

In the same period, Azerbaijan's foreign trade turnover totaled over $17.6 billion.

“In the structure of foreign trade turnover, exports accounted for $11.3 billion, which is a growth of 24.7 percent on annual basis. The share of exports in foreign trade turnover amounted to 64.4 percent,” the report said.

Azerbaijan's imports exceeded $6.29 billion, an increase of 6.7 percent on annual basis. The share of imports in the foreign trade turnover amounted to 35.6 percent.

The balance of foreign trade turnover on an annualized basis increased by 57.7 percent - up to 5.09 billion manat, remaining positive.

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