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Top 10 Azerbaijani oil importers

Oil&Gas Materials 4 December 2021 14:03 (UTC +04:00)
Top 10 Azerbaijani oil importers

BAKU, Azerbaijan, Dec.4

By Leman Zeynalova – Trend:

Azerbaijan’s total crude oil and oil products’ exports stood at 23,800,444 tons worth $11.220 billion from January through October 2021, Trend reports with reference to the State Customs Committee.

In terms of import value, Italy came in first with 11.408 million tons worth $5.337 billion, followed by Croatia with 1.530 million tons worth $751.238 million and Israel with 1.257 million tons worth $611.729 million.

The table below shows 10 largest importers of crude oil and oil products from Azerbaijan in the first ten months of 2021 in terms of value (in USD):

Country

Volume of imports

Value of imports

Italy

11,408,096

5,337,711,070

Croatia

1,530,609

751,238,160

Israel

1,256,823

611,729,320

Spain

1,270,845

552,660,700

Portugal

1,077,855

533,986,420

India

1,122,729

496,009,130

Germany

791,289

405,658,070

Tunisia

782,827

373,764,250

Ukraine

819,699

359,630,740

UK

624,005

312,493,080

There are three main oil pipelines transporting oil from Azerbaijan to its neighbours and on to world markets: Baku-Novorossiysk Pipeline, Baku-Supsa Pipeline and Baku-Tbilisi-Ceyhan (BTC) Pipeline.

In addition, railway lines traversing the length of Azerbaijan are also used to convey oil to the Batumi and Kulevi terminals located on the Black Sea along the coast of Georgia.

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Follow the author on Twitter: @Lyaman_Zeyn

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