Azerbaijan's oil exports drop by about 5%

From January through July 2022, Azerbaijan exported 15.6 million tons of oil (including condensate), Report informs, citing the country’s Energy Ministry.

According to the ministry, about 14.7 million tons of it fell to the share of the Azerbaijan International Operating Company (AIOC), and 900,000 tons to the share of the State Oil Company of Azerbaijan (SOCAR).

In the first seven months of 2022, the export of oil (including condensate) decreased by 4.88% or 800,000 tons, compared to the same period of 2021.