Azerbaijan sharply increases revenues from carbamide exports

Energy
  • 30 November, 2021
  • 07:10
Azerbaijan sharply increases revenues from carbamide exports

In January-October 2021, Azerbaijan exported 251,619.1 tons of nitrogen fertilizer worth $69.783 million, respectively, up 4.1-fold and 7.6-fold from the previous year.

Export of nitrogen fertilizer constituted 3.4% of the total exports of Azerbaijan on the non-oil sector.

The nitrogen fertilizer is produced in the SOCAR Carbamide Plant, of which the production capacity is 650-660,000 tonnes of carbamide using 435 million cubic meters of natural gas. The Plant was put into operation on January 16, 2019. 70% of the production is for export.

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