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Azerbaijan updates data on oil & condensate exports


BAKU: Azerbaijan exported 7.9 million tons of oil and condensate from January through April 2024, as compared to 8.5 million tons in the same period in 2023, Trend reports with reference to the data shared by Azerbaijan’s energy minister Parviz Shahbazov on X.

As such, the country’s oil and condensate exports dropped by more than 7 percent year-on-year.

The output during the reporting period stood at 9.6 million tons versus 10.2 million tons a year earlier, showing a 5.9 percent decrease.

Azerbaijan transports its oil to neighboring countries and global markets through three pipelines: Baku-Novorossiysk, Baku-Supsa, and Baku-Tbilisi-Ceyhan (BTC). Currently, transportation via the Baku-Supsa pipeline is temporarily suspended.

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

Source: Trend News Agency