Decline reported on crude oil sales in Azerbaijan

17:16 - 18.03.2024


March 18, Fineko/abc.az. Azerbaijan exported 4.595 million tons of crude oil for $2.826 bn abroad for Jan-Feb.

ABC.AZ reports that this indicator declined by $426.626 million or (13.1%) in statistical terms and by $579,600 or 11.2% in quantitative terms.

In two months of 2023, 5.175 million tons of crude oil for $3.25 bn were exported.

The average export price per 1 ton of oil was $615 (1,045 manats), and for the same term of the previous year — $628 (1,068 manats).

Prices have fallen by $13 (22 manats) or 2% over the past year.