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Azerbaijan exports about 100,000 tons of oil to Portugal

Oil&Gas Materials 28 June 2023 03:10 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, June 27. Azerbaijan exported over 92,952 tons of crude oil and petroleum products to Portugal from January through May 2023, which is 0.79 percent of the total export of raw materials from Azerbaijan, Trend reports.

The value of exports of Azerbaijani oil and petroleum products to Portugal in the reporting period amounted to almost $62.9 million, which is 0.87 percent of the total value of exported crude oil and petroleum products from Azerbaijan.

Meanwhile, Azerbaijan exported about 11.7 million tons of oil and petroleum products in general from January through May 2023, which is 3.24 percent more in comparison with the same period last year (11.3 million tons).

In value terms, oil exports exceeded $7.2 billion, which is 10.4 percent, or $83.8 million less than in the same period last year.

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