BAKU, Azerbaijan, April 17. The UK (the United Kingdom) has resumed purchasing Azerbaijani oil, Trend reports via the State Customs Committee (SCC) of Azerbaijan.
As to data from the committee, the UK acquired 20,580 tons of
oil from Azerbaijan in March for about $11 million.
The UK was not identified as a buyer of Azerbaijani oil in either
January or February 2024.
In 2023, the UK imported 691,000 tons of oil from Azerbaijan for
more than $432 million.
To note, the UK produces hydrocarbons, but if trade transactions
are commercially beneficial, it purchases some of the oil from
foreign producers.