BAKU, Azerbaijan, March 18. Azerbaijan’s total crude oil and oil products’ exports stood at around 4.9 million tons worth $2.943 billion from January through February 2022, Trend reports with reference to the State Customs Committee.
In terms of import volume, Italy came in first with 2.123 million tons worth $ 1.288 billion, followed by Israel with 431,406 tons worth $257.602 million and Ukraine with 422,613 tons worth $245.169 million.
The table below shows 10 largest importers of crude oil and oil products from Azerbaijan in the first two months of 2022 in terms of volume:
Country |
Volume of imports (tons) |
Value of imports (USD) |
Italy |
2,122,632 |
1,287,893,360 |
Israel |
431,406 |
257,602,470 |
Ukraine |
422,613 |
245,169,140 |
Portugal |
292,112 |
181,664,260 |
Thailand |
276,690 |
161,353,100 |
Great Britain |
216,909 |
125,597,100 |
Tunisia |
186,365 |
120,122,110 |
India |
136,966 |
90,152,110 |
Czech |
163,459 |
89,192,640 |
Spain |
132,852 |
75,689,230 |
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.
---
Follow the author on Twitter: @Lyaman_Zeyn