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Azerbaijan notably increases purchases of Turkmen industrial liquid fuels

Oil&Gas Materials 26 December 2023 22:45 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, December 26. Azerbaijan purchased 154,815 tons of industrial grade liquid fuel from Turkmenistan from January through October 2023, Trend reports.

The State Statistical Committee of Azerbaijan shows that the cost of Azerbaijan's imports of industrial liquid fuels from Turkmenistan amounted to $63.28 million.

In general, Azerbaijan has purchased more than 276,540 tons of industrial liquid fuel from Turkmenistan for a total amount of more than $114.75 million this year.

Turkmenistan is among the world's major oil and gas producers. The country emphasizes the development of oil and gas processing facilities, along with the exportation of energy resources to global markets.

Trade turnover between Azerbaijan and Turkmenistan increased by 1.8 times from January through October 2023, reaching $710.37 million, a remarkable increase from $377.23 million in the same period the previous year.

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