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Azerbaijan's last-year EU-exported oil and gas revenues announced

Oil&Gas Materials 21 February 2024 16:45 (UTC +04:00)
Lada Yevgrashina
Lada Yevgrashina
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BAKU, Azerbaijan, February 21. In 2023, Azerbaijan exported energy resources to the EU for a total of 18.8 billion euros, Trend reports, referring to Eurostat.

Based on Eurostat data, EU countries acquired 150.2 million barrels of Azerbaijani oil for 12.4 billion euros. By 2022, the volume of oil purchases had climbed by 2.6 percent.

Azerbaijan also supplied 306,900 tons of oil products to the eurozone, totaling 186.5 million euros. The quantity of oil products supplied increased by 17.4-fold, while sales revenue increased by 12.3.

On natural gas, the EU as a whole acquired 492,900 terajoules (increasing 2.5 percent by 2022) at a cost of 6.2 billion euros.

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