NEWS

Azerbaijan reduces oil exports by more than 9% this year

MAY 18, 2021

According to customs declarations, Azerbaijan exported 10,737,848 tons of crude oil and petroleum products obtained bituminous rocks in January-April this year, Report informs, citing the State Customs Committee.

According to the information, the value of Azerbaijani crude oil exported over the past four months amounted to $4,353,098.

The volume of crude oil exported in January-April this year is 9.3% less than the same period last year, while the cost went down by 9.7%.

During the reporting period, the share of crude oil in Azerbaijan's total exports was 68.4%.

https://report.az/en/energy/azerbaijan-reduces-oil-exports-by-more-than-9-this-year/