In January-June 2024, Azerbaijan's revenues from main oil pipelines amounted to AZN 538 277,6 thousand, which is 0.5% more in annual comparison, the State Statistics Committee of the Republic of Azerbaijan told APA-Economics.
According to the Committee, said figure was AZN 535 337,2 thousand during the corresponding period of last year.
Notably, in January-June 2024, 19 238,6 thousand tons of oil were transported through oil pipelines in Azerbaijan, which is a 2.1% decrease in annual comparison. 75.2% of the transportation was carried out via the Baku-Tbilisi-Ceyhan (BTC) oil export pipeline. During the reporting period, 14 468,7 thousand tons of oil were transported through this pipeline, which is a 3.7% decrease in yearly comparison.
Recall that last year, Azerbaijan's revenues from main oil pipelines amounted to AZN 1 101 741,9 thousand, which is an 11.1% decrease in annual comparison. In 2023, 39 753,2 thousand tons of oil were transported through the main oil pipelines, which is a 5.2% increase in annual comparison. 75.9% of the transportation was carried out via the BTC and 30 191,6 thousand tons of oil transported through this pipeline during the previous year, which means an increase of 1.49% in annual comparison.
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