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Top 10 Azerbaijani oil importers in first 5 months of 2022

Oil&Gas Materials 17 June 2022 12:52 (UTC +04:00)
Top 10 Azerbaijani oil importers in first 5 months of 2022
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, June 17. Azerbaijan’s total crude oil and oil products’ exports stood at around 11.384 million tons worth $8.058 billion from January through May 2022, Trend reports with reference to the State Customs Committee.

In terms of import volume, Italy came in first with 4.737 million tons worth $3.327 billion, followed by Israel with 1.194 million tons worth $855.500 million and India with 959,145 ​​tons worth $770.016 million.

The table below shows 10 largest importers of crude oil and oil products from Azerbaijan in the first five months of 2022 in terms of volume:

Country

Volume of imports (tons)

Value of imports (USD)

Italy

4 737 557

3 327 937 370

Israel

1 194 565

855 500 010

India

959 145

770 016 570

Great Britain

613 731

463 498 420

Portugal

607 944

428 162 990

Ukraine

506 349

304 515 940

Tunisia

370 885

273 656 790

Spain

385 525

265 458 720

Germany

351 003

258 524 910

Thailand

368 473

231 496 550

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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