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Azerbaijan announces volume of oil exports to Türkiye

Oil&Gas Materials 27 March 2024 04:20 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, March 27. Azerbaijan exported over 68.079 tons of crude oil and oil products to Türkiye from January through February 2024, which is 1.48 percent of the total export of raw materials, Trend reports.

According to calculations based on the data of the State Customs Committee of Azerbaijan, this indicator decreased by 73.15 percent, or 185.449 tons, in annual terms.

The value of the export of Azerbaijani oil and oil products to Türkiye in the mentioned period amounted to $36.069 million. This is 76.25 percent, or $115.8 million less than in the same period in 2023.

To note, Azerbaijan exported a total of 4.5 million tons of oil and oil products from January through February 2024, which is 11.2 percent less than the figure for the same period last year (5.1 million tons). Oil exports exceeded $2.8 billion in value terms, which is 13.06 percent or $424.6 million less than the figure for the same period in 2023.

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