Azerbaijan Updates Data On Oil & Condensate Exports
Date
5/15/2024 10:43:46 PM
(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 14. Azerbaijan exported7.9 million tons of oil and condensate from January through April2024, as compared to 8.5 million tons in the same period in 2023,Trend reportswith reference to the data shared by Azerbaijan's energy ministerParviz Shahbazov on X.
As such, the country's oil and condensate exports dropped bymore than 7 percent year-on-year.
The output during the reporting period stood at 9.6 million tonsversus 10.2 million tons a year earlier, showing a 5.9 percentdecrease.
Azerbaijan transports its oil to neighboring countries andglobal markets through three pipelines: Baku-Novorossiysk,Baku-Supsa, and Baku-Tbilisi-Ceyhan (BTC). Currently,transportation via the Baku-Supsa pipeline is temporarilysuspended.
Additionally, oil is exported by rail to terminals in Batumi andKulevi (Georgia).
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