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Türkiye more than triples oil imports from Azerbaijan

Oil&Gas Materials 18 August 2023 18:30 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 18. Azerbaijan exported over one million tons of crude oil and petroleum products to Türkiye from January through July 2023, which is 6.72 percent of the total exports of raw materials from Azerbaijan, Trend reports.

This indicator increased by 3.43 times (740,390 tons) on an annual basis.

In addition, the value of exports of Azerbaijani oil and petroleum products to Türkiye in the specified period amounted to $592.6 million. This is 3.46 times ($421.7 million) more than in the same period of 2022.

In general, Azerbaijan exported about 15.5 million tons of oil and petroleum products from January through July 2023, which is 5.33 percent less than the same period last year (16.4 million tons). Oil exports exceeded $9.4 billion, which is 23.82 percent, or $2.952 billion less than from January through July last year.

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