BAKU, Azerbaijan, November 17. Azerbaijan has witnessed a substantial boost in petroleum coke exports, rising from 127,788 tons in the first ten months of 2022 to an impressive 222,356 tons during the same period in 2023, Trend reports referring to data from the State Customs Committee.
This surge represents a remarkable 74 percent increase in petroleum coke exports. The export value also saw a significant uptick, climbing from $44.098 million to $57.252 million, indicating a substantial 29.8 percent year-on-year growth.
In contrast, bitumen exports from January through October 2023 totaled 1,648 tons, a stark contrast to the 88,998 tons reported for the same period last year—a decline of 54 times. The value of bitumen exports plummeted from $25.4 million to $408,550, reflecting a staggering decrease of over 62 times.
Azerbaijan transports its oil to neighboring countries and global markets through three pipelines: Baku-Novorossiysk, Baku-Supsa, and Baku-Tbilisi-Ceyhan (BTC). Presently, transportation via the Baku-Supsa pipeline is temporarily suspended.
Additionally, Azerbaijan exports oil by rail to the Georgian terminals of Batumi and Kulevi. The figures underscore the evolving dynamics in Azerbaijan's crucial oil sector and its impact on the nation's economic landscape.
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