Azerbaijan’s export on oil rises and on gas falls for first 7 months of 2018


September 17, Fineko/ Over Jan-Jul of the year Azerbaijan exported 18.914 million tons of oil (0.1% more versus the same term of 2017).

The State Statistics Committee (SSC) reports that for Jan-Jul Azerbaijan exported 5.176 bn cu m of natural gas (1.3% less against the 2017 same term).

"The total value of the Jan-Jul 2018 oil export from Azerbaijan reached $9.48 bn (42.1% more versus Jan-Jul 2017,” the Committee said.

The volume of oil exported for Jan-Jul 2018 totaled 16.658 million tons for $8.676 bn.

"Total cost of gas exported from Azerbaijan for Jan-Jul of the year amounted to $893.68 million (12.1% more than in 2017)," it was reported.

Gas exports, according to customs declarations, for Jan-Jul 2018 reached 4.049 bn cu m for $749.714 million.