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Azerbaijan reveals volume of crude oil exports to Singapore

Oil&Gas Materials 11 November 2023 16:36 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, November 11. Azerbaijan exported over 138,338 tons of crude oil and petroleum products to Singapore from January through October 2023, which is 0.7 percent of the total volume of raw materials exported from Azerbaijan, Trend reports.

According to estimates based on data from Azerbaijan's State Customs Committee, the value of Azerbaijani oil and petroleum product exports to Singapore during the reporting period was $87.78 million.

Previously, from January through September this year, Azerbaijan totally exported 19.8 million tons of oil and petroleum products to foreign markets, an increase of 1.86 percent over the previous year (19.5 million tons). In terms of value, oil exports exceeded $12.1 billion, a decrease of 18.59 percent, or $2.7 billion, over the previous year.

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