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Azerbaijan harps on its key oil consumers

Oil&Gas Materials 16 August 2024 22:21 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 16. Azerbaijan exported over 14 million tons of crude oil and oil products worth more than $9 billion from January through July 2024, Trend reports, referring to the State Customs Committee of Azerbaijan.

With 5.6 million tons valued at over $3.6 billion, Italy topped the list of Azerbaijani oil imports. Israel came in second with 1.8 million tons worth $1.1 billion, and the Czech Republic came in third with above 941,700 tons worth more than $597.1 million.

The table lists the 10 largest importers of crude oil and oil products from Azerbaijan:

Country

Import volume (tons)

Cost of imports ($)

Italy

5 671 605,25

$3.6 billion

Israel

1 830 177,7

$1.1 billion

Czech Republic

941 737,86

$597.1 million

India

894 129,59

$568.7 million

Croatia

866 671,81

$547.2 million

Portugal

640 089,12

$404.3 million

Great Britain

650 115,4

$390.8 million

Germany

530 165,5

$348.3 million

Romania

433 832,59

$269.1 million

Thailand

376 876,12

$234.2 million

The three pipelines that carry Azerbaijani oil to neighboring nations and global markets are Baku-Novorossiysk, Baku-Supsa, and Baku-Tbilisi-Ceyhan (BTC). Baku-Supsa pipeline transportation is currently halted.

Furthermore, oil is exported by rail to terminals in Batumi and Kulevi (Georgia).

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