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Azerbaijan cuts oil products export

Oil&Gas Materials 18 April 2024 14:14 (UTC +04:00)
Lada Yevgrashina
Lada Yevgrashina
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BAKU, Azerbaijan, April 18. Azerbaijan's State Customs Committee (SCC) has reported a 65 percent decrease in exports of oil products, Trend reports.

From January through March 2024, SCC data shows that Azerbaijan exported 105,240 tons of oil products worth $62.83 million, while in the first quarter of 2023, exports amounted to 300,330 tons worth $179.4 million.

According to the SCC, Azerbaijan exported 67,620 tons of petroleum coke worth $5.5 million from January through March, while in the first quarter of 2023, it sold 72,840 tons for $29.9 million in the world market.

The decrease in petroleum coke exports is related to a 4.7 percent decrease in its production in the specified period.

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