Azerbaijan reduces oil exports to Italy by 26%

Energy
  • 21 July, 2022
  • 11:36
Azerbaijan reduces oil exports to Italy by 26%

From January through June 2022, Azerbaijan exported 5.081 million tons of crude oil worth $3.6 billion to Italy, Report informs, citing the State Customs Committee.

According to the committee, the oil export is 30.8% more in monetary value and 22.9% less in quantity than last year.

The share of crude oil exported from Azerbaijan to Italy in the total oil export was 39.3%.

From January through June, according to customs declarations, Azerbaijan exported 12,915,622 tons of crude oil and crude oil products obtained from bituminous rocks worth $9,361,250 million.