BAKU, Azerbaijan, March 25. Azerbaijan’s total crude oil and oil products’ exports exceeded 5.175 million tons worth almost $3.251 billion from January to February 2023, Trend reports with reference to the State Customs Committee.
In terms of import volume, Italy came in first with 1.8 million tons worth $1.157 billion, followed by Israel with 528 972 tons worth $331.537 million and Spain with 425 844 tons worth $273.803 million.
The table below shows 10 largest importers of crude oil and oil products from Azerbaijan in the first two months of 2023 in terms of volume:
|
Country |
Volume of imports (tons) |
Value of imports (USD) |
|
Italy |
1 812 300.15 |
1 157 474 830 |
|
Israel |
528 972.46 |
331 537 830 |
|
Spain |
425 843.81 |
273 803 290 |
|
Germany |
391 093.25 |
248 823 840 |
|
India |
322 662.47 |
201 908 610 |
|
Czech Republic |
257 848.90 |
161 999 430 |
|
Türkiye |
253 528.61 |
151 873 990 |
|
Greece |
212 422.84 |
136 371 970 |
|
Romania |
176 403.69 |
112 481 230 |
|
Austria |
176 251.80 |
95 280 090 |
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.There are three main oil pipelines transporting oil from Azerbaijan to its neighbors and on to world markets: Baku-Novorossiysk Pipeline, Baku-Supsa Pipeline and Baku-Tbilisi-Ceyhan (BTC) Pipeline. Baku-Supsa is not operational at the moment due to the lack of nominations from shippers.
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