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Azerbaijan shares data on volume of natural gas exported to Turkey

Oil&Gas Materials 16 September 2021 18:24 (UTC +04:00)
Azerbaijan shares data on volume of natural gas exported to Turkey

BAKU, Azerbaijan, Sept. 16

By Sadraddin Agdzhaev - Trend:

Azerbaijan exported over 7.3 billion cubic meters of natural gas to Turkey from January through August 2021, Trend reports via the State Customs Committee (SCC) of Azerbaijan.

According to the State Customs Committee, in terms of value, the export of Azerbaijani gas to Turkey in the specified period approached the amount of $1.09 billion.

From January through August 2021, Azerbaijan exported about 13.2 billion cubic meters of natural gas in total, which is 47.2 percent, or about 4.2 billion cubic meters, higher than over the same period of 2020.

Natural gas exports exceeded $2.3 billion, which is 38 percent, or $647.5 million, more than in 2020.

Azerbaijan's foreign trade turnover from January through August 2021 exceeded $20.2 billion, which is 18.3 percent, or $3.7 billion, more than in 2020.

In the structure of foreign trade turnover, exports accounted for $12.9 billion, which is 30.9 percent, or $3 billion, higher than from January through August 2020. The share of exports in foreign trade turnover was 63.7 percent.

Azerbaijan's imports from January through August 2021 approached the amount of $7.3 billion, an increase of 9.8 percent, or $659 million, compared to the same period of 2020. The share of imports in foreign trade turnover was 36.2 percent.

The balance of foreign trade turnover, remaining positive, increased by $2.3 billion or 42.8 percent year-on-year – to $5.5 billion.

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