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Azerbaijan names its top 10 oil export destinations

Oil&Gas Materials 26 September 2023 08:00 (UTC +04:00)
Gunay Guliyeva
Gunay Guliyeva
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BAKU, Azerbaijan, September 25. Azerbaijan exported 18.5 million tons of crude oil and petroleum products worth $11.2 billion from January through August 2023, Trend reports.

According to the State Customs Committee of Azerbaijan, the list of the top 3 importing countries of Azerbaijani oil from January through August 2023 is headed by Italy (7.6 million tons worth $4.7 billion), Israel (1.8 million tons worth $1.1 billion) and Spain (1.1 million tons worth $700.6 million).

The table shows the 10 largest importers of crude oil and petroleum products from Azerbaijan from January through August 2023:

Country

Import volume

Value of import (USD)

Italy

7.6 million

4.7 billion

Israel

1.8 million

1.1 billion

Spain

1.11 million

700.6 million

India

1 12 million

666.5 million

Türkiye

1 million

611.4 million

Czech Republic

916,806

530.2 million

Germany

662,321

406.8 million

Greece

656,521

403.3 million

Ireland

630 056,20

366.6 million

Croatia

621 962,87

355.5 million

Oil from Azerbaijan is transported to neighboring countries and to world markets via three pipelines: Baku-Novorossiysk, Baku-Supsa, and Baku-Tbilisi-Ceyhan (BTC). At the moment, transportation via the Baku-Supsa pipeline is suspended.

In addition, oil is exported by rail to terminals in Batumi and Kulevi (Georgia).

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