Croatia's Crude Oil Imports From Azerbaijan Nearly Double
Date
7/26/2024 3:16:13 AM
(MENAFN- AzerNews)
Ulviyya Shahin
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In the first half of 2024, Croatia significantly increased its
crude oil imports from Azerbaijan, purchasing a total of 587,600
tons worth $375.98 million, Azernews reports.
This represents a substantial 90% increase in quantity and a
109% increase in value compared to the same period in 2023.
Last year, Croatia imported 308,500 tons of crude oil from
Azerbaijan, with a value of $180.25 million.
This year, prices have risen, with the cost per ton climbing
from $584 (approximately $77 per barrel) in 2023 to $640 (about $84
per barrel) in 2024.
In the first half of 2024, Azerbaijan exported a total of 11.1
million tons of crude oil, generating $7.012 billion in
revenue.
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