Azerbaijan's profit from petroleum coke exports up by 22%

Energy
  • 21 July, 2022
  • 08:11
Azerbaijan's profit from petroleum coke exports up by 22%

Azerbaijan exported 69,456.5 tons of petroleum coke for over $13.17 million in the first six months of this year, Report informs, citing the State Customs Committee.

Compared to January-June 2021, the volume of the petroleum coke exports dropped 2.3 times and the revenues they brought increased by 21.5%.

During the reporting period, the share of petroleum coke in the total export of the country was 0.07%.

In the last six months, $18.479 billion of Azerbaijan's foreign trade turnover came from export revenues and $6.357 billion from import expenditures. Over the past year, Azerbaijan's exports soared by 2.1 times and imports went up by 17.9%.

SOCAR's Heydar Aliyev Refinery, the only oil refining enterprise in the region, provides Azerbaijan with fuel products such as RON-92, diesel and jet fuel, and also supplies SOCAR's petrochemical enterprises in Azerbaijan with raw materials.