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Croatia's oil imports from Azerbaijan surge

Oil&Gas Materials 24 October 2023 15:58 (UTC +04:00)
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, October 24. Croatia's import of crude oil and petroleum products from Azerbaijan has witnessed a significant upswing in 2023, reaching a total of 898,142 metric tons from January to August, Eurostat, the European Union's statistical office, told Trend.

The total value of these imports during this period amounted to a substantial 523.7 million euros.

In August 2023, Azerbaijan further bolstered its supply to Croatia, providing 259,532 metric tons of crude oil and petroleum products. This marked a remarkable 38.8 percent increase compared to the 187,049 metric tons delivered in July.

Croatia's spending on these imports from Azerbaijan during August reached 158.8 million euros, reflecting a notable surge of 51.5 percent from the 104.8 million euros expended in July.

Oil from Azerbaijan is transported to neighboring countries and global markets through three major pipelines: Baku-Novorossiysk, Baku-Supsa, and Baku-Tbilisi-Ceyhan (BTC). Currently, transportation via the Baku-Supsa pipeline is temporarily suspended.

In addition, oil is exported by rail to the Georgian terminals in Batumi and Kulevi.

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