Azerbaijan’s oil exports in January fell by 24% year-over-year to 2.64 million tons, according to IFX. This decrease occurs within the context of Azerbaijan adjusting its oil production strategies in response to evolving international agreements on output quotas. Additionally, shifts in European demand for non-Russian energy sources have impacted export patterns from producers like Azerbaijan, influencing the country’s energy exports.
Azerbaijan Oil Exports Drop 24% in January to 2.64M Tons: IFX
